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What is the firm’s free cash flow (i.e., cash flow from assets) for 2017? Cash                                                                      $423 Accounts Receivable                                            15% of Total...

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Finance

  1. What is the firm’s free cash flow (i.e., cash flow from assets)for 2017?

Cash                                                                     $423

AccountsReceivable                                           15% of Total Revenue

AccountsPayable                                                20% of Cost of Goods Sold

NotesPayable                                                      $800

Inventory                                                             $2,900

Net FixedAssets                                                  $14,800

Long-termDebt                                                   $3,500

CommonStock                                                    $10,000

TotalRevenue                                                     $7,200

Cost of GoodsSold                                              50% of Total Revenue

DepreciationExpense                                          $1,200

Selling, General, & AdministrativeExpense       $1,000

InterestExpense                                                  10% of Long-term Debt

IncomeTaxes                                                      35% of Taxable Income

Answer & Explanation Solved by verified expert
3.7 Ratings (597 Votes)
RevenueSales7200Cost of goods sold3600Gross Profit3600ExpensesDepreciation1200SellingGeneral    See Answer
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