Module 2 Comprehensive Assessment: Part A: Financial Statement Analysis
Use the following simplified financial information for TechCorp to answer questions.
Income Statement ($ millions)
- Revenue: $1,000
- Cost of Goods Sold: $600
- Operating Expenses: $250
- Operating Income: $150
- Interest Expense: $20
- Net Income: $100
Balance Sheet ($ millions)
- Current Assets: $300
- Fixed Assets: $700
- Total Assets: $1,000
- Current Liabilities: $150
- Long-term Debt: $350
- Shareholders’ Equity: $500
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Cash Flow Statement ($ millions)
- Operating Cash Flow: $120
- Capital Expenditures: $80
- Free Cash Flow: $40