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Intro Below is the balance sheet for Rumble Clock Inc. for December 31 of 2018 and 2019. 2018 900 2019 1,050 Cash Accounts re

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Answer #1

Free cash flow = Net Income + Depreciation - Change in WC - Capital expenditure

= 7,560 + 7,560 - ((7350 - 3150) - (6300 - 2700)) - (13650 - 11700)

= 12,570

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