Please do not give solution in image format thanku Compute free cash flow. (Show amounts that decrease free cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).)Free cash flow $ Presented here are the financial statements of Blossom Company.AssetsCashAccounts receivableInventoryProperty, plant, and equipmentAccumulated depreciationTotalLiabilities and Stockholders' EquityAccounts payableIncome taxes payableBonds payableCommon stockRetained earningsTotalSales revenueCost of goods soldGross profitSelling expensesBlossom CompanyComparative Balance SheetsDecember 31Administrative expensesIncome from operationsInterest expenseIncome before income taxesIncome tax expenseNet incomeAdditional data:1.3.4.5.$ 52,500202530,000Blossom CompanyIncome StatementFor the Year Ended December 31, 202542,000(48,000)$166,500$27,00090,000$ 28,5009,00010,50025,500$166,50027,00075,000$ 30,000$363,000262,500(36,000)$162,000100,500$ 22,50036,00064,5004,500202460,000Bonds were redeemed at their carrying value.Common stock was issued at par for cash.12,00021,000$162,000$ 48,00030,000117,00012,000Depreciation expense was $26,250.2. Dividends declared and paid were $30,000.During the year, equipment was sold for $12,750 cash. This equipment originally cost $27,000 and had accumulateddepreciation of $14,250 at the time of sale.49,50021,00057,000

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Description: Please do not give solution in image format thanku Compute free cash flow. (Show amounts that decrease free cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).)Free cash flow $ Presented here are the financial statements of Blos

It is important in the business entity to prepare the Cash flow statement which can determine the…

Answered: Compute free cash flow. (Show amounts…

Business

Accounting

Compute free cash flow. (Show amounts that decrease free cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) Free cash flow $

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 7MC: What is the effect on cash when current noncash operating assets increase? A. Cash increases by the...

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If beginning cash equaled $10,000 and ending cash equals $19,000, which is true? A. Operating cash flow 9,000; Investing cash flow (3,500); Financing cash flow (2,500) B. Operating cash flow 4,500; Investing cash flow 9,000; Financing cash flow (4,500) C. Operating cash flow 2,000; Investing cash flow (13,000); Financing cash flow 2,000 D. none of the above
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can you explain how they got a for question 1 and c for question 2, like where did the 10,600 come from and where did the 3000 come from on the cash flow statement on the left side of the second image
Do not Copy If beginning cash equaled $10,000 and ending cash equals $19,000, which is true? A. Operating cash flow 9,000; Investing cash flow (3,500); Financing cash flow (2,500) B. Operating cash flow 4,500; Investing cash flow 9,000; Financing cash flow (4,500) C. Operating cash flow 2,000; Investing cash flow (13,000); Financing cash flow 2,000 D. none of the above
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