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 $710,000 in capital expenditures and $510,000 in working capital investments during 202 Rainier Printing Income Statement January 1 to December 31, 2021 (s thousands) $ 11,200 7,100 4,100 1,210 Net sales Cost of sales Gross profit Operating expense Depreciation expense Operating income Interest expense Income before tax Tax 660 Income after tax Note: Enter your answer in thousands. Free cash flow 2,230 360 1,870 748 $1,122

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 $710,000 in capital expenditures and $510,000 in working capital investments during 202 Rainier Printing Income Statement January 1 to December 31, 2021 (s thousands) $ 11,200 7,100 4,100 1,210 Net sales Cost of sales Gross profit Operating expense Depreciation expense Operating income Interest expense Income before tax Tax 660 Income after tax Note: Enter your answer in thousands. Free cash flow 2,230 360 1,870 748 $1,122

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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evious Ned You are a financial Manager of Chevron Corp You need to assess the effectiveness of working capital management of the company for 2018 using the following data What is the 2018 Cash Conversion Cycle using 365 days? 2017 Account Recevable-15.653 000 2018 Account Receivable=15:050 000 2017 Inventory= 5 585 000 2018 Inventory = 5704 000. 2017 Accounts Payable 14.565 000 2018 Accounts Payable 13 053 000 2017 Sales134674 000 2018 Sales 158 902 000 2017 Cost of Sales=9511430 2018 COs oSales = 1:3997 0 2017 Purchases 2018 Purchases 總 I99
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