In: Finance
Show all work and show the formulas used for the calculations.
Given the information below:
| 2018 | 2017 | |
| Current Assets | 12,785 | 13,220 |
| Total Long-Term Assets | 16,999 | 15,877 |
| Current Liabilities | 10,034 | 10,866 |
| Total Liabilities | 15,034 | 15,966 |
| Common Stock | 4,010 | 3,980 |
| Retained Earnings | 10,740 | 9,151 |
| Depreciation Expense: | 850 | |
| EBIT | 4,950 | |
| Interest Expense | 625 | |
| Taxable Income* | 4,325 |
*Assume a tax rate of 24% round to the nearest dollar
Calculate the following for 2018. Show all work or formulas used.
Free Cash Flow (Cash Flow from Assets):
Cash Flow to Owners:
Cash Flow to Creditors: