Given the income statement and balance sheets below, calcula…
Given the income statement and balance sheets below, calculate unlevered free cash flows (FCF): 2021 2020 2021 Current Assets 120,000 100,000 Revenue 189,000 Noncurrent Assets (PPE) 470,000 435,000 COGS 70,000 Total Assets 590,000 535,000 Gross Profit 119,000 Current Liabilities 61,000 57,000 Operating Expense 30,000 Long-Term Debt 128,000 121,000 EBITDA 89,000 Total Liabilities 189,000 178,000 Depreciation 5,000 Amortization 2,000 Stockholders’ Equity EBIT 82,000 Common Stock 150,000 150,000 Interest on LT debt 5,000 Paid-in Capital 75,000 75,000 Earnings before Taxes 77,000 Retained Earnings 176,000 132,000 Federal Taxes 16,170 Total Equity 401,000 357,000 Net Income 60,830 Total Liab and Equity 590,000 535,000