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Use the income statement shown next to calculate free cash flow for Rainier Printing for...

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Accounting

Use the income statement shown next to calculate free cash flow for Rainier Printing for 2021. In addition to the information in the income statement, assume that Rainier had $730,000 in capital expenditures and $530,000 in working capital investments during 2021. Rainier Printing Income Statement January 1 to December 31, 2021 ($ thousands) Net sales Cost of sales Gross profit Operating expense Depreciation expense Operating income. Interest expense Income before tax Tax Income after tax Note: Enter your answer in thousands. Free cash flow $ 102,800 $ 11,600 7,300 4,300 1,230 680 2,390 380 2,010 402 $ 1,608
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Use the income statement shown next to calculateqfee cash fow for Rainler Printing for 2021 . In iddition to the information in the income statement, assume that Rainler had $730,000 in copital expendtures and $530,000 in working cap lal investments during 2021 Note: Enter your answer in thousands

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