Use the following to determine FCF (Free Cash Flow) for the current year. Assume an effective tax rate of 25%: Revenue COGS (Cost of Goods Sold) Gross Profit Wages Expense Rent and Other Occupancy Expense Depreciation Expense Operating Income Current Assets. Accounts Receivable Inventory Total Current Assets Gross Fixed Assets (at historical cost) less: Accumulated Depreciation Net Fixed Assets Total Assets Current Liabilities Accounts Payable Wages Payable Current Year 100,000 67,000 11,500 15,000 1,000 8,500 5,500 50,000 30,000 20,000 4,200 950 Prior Year 8,200 6,000 46,000 29,000 17,000 4,500 900 Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. Show a decrease as a negative figure.

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter16: Statement Of Cash Flows: Another Look
Section: Chapter Questions
Problem 18P
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Use the following to determine FCF (Free Cash Flow) for the current year. Assume an effective tax rate of 25%:
Revenue
COGS (Cost of Goods Sold)
Gross Profit
Wages Expense
Rent and Other Occupancy Expense
Depreciation Expense
Operating Income
Current Assets
Accounts Receivable
Inventory
Total Current Assets
Gross Fixed Assets (at historical cost)
less: Accumulated Depreciation
Net Fixed Assets
Total Assets
Current Year
100,000
67,000
11,500
15,000
1,000
8,500
5,500
50,000
30,000
20,000
Prior Year
4,200
950
8,200
6,000
46,000
29,000
17,000
Current Liabilities
Accounts Payable
Wages Payable
Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. Show a
decrease as a negative figure.
Type your answer...
4,500
900
Transcribed Image Text:Use the following to determine FCF (Free Cash Flow) for the current year. Assume an effective tax rate of 25%: Revenue COGS (Cost of Goods Sold) Gross Profit Wages Expense Rent and Other Occupancy Expense Depreciation Expense Operating Income Current Assets Accounts Receivable Inventory Total Current Assets Gross Fixed Assets (at historical cost) less: Accumulated Depreciation Net Fixed Assets Total Assets Current Year 100,000 67,000 11,500 15,000 1,000 8,500 5,500 50,000 30,000 20,000 Prior Year 4,200 950 8,200 6,000 46,000 29,000 17,000 Current Liabilities Accounts Payable Wages Payable Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. Show a decrease as a negative figure. Type your answer... 4,500 900
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