based on the information in the table, calculate the after tax cash flow from op

Question

based on the information in the table, calculate the after tax cash flow from operation for 2002 ( no assets were disposed of during the year, and there was no change in the interest payable or taxes payable): jones company Finance information december 2001 december 2002 net income $ 1,500 $ 3,000 Account receivable 750 750 accumulated depreciation 1, 125 1,500 common stock 4,500 5,250 Paid -in capital 7,500 8,250 retained earnings 1,500 2250 accounts payable 750 750 a) 3,750 b) 3,375 c) 3,000 d) 2,250

Explanation / Answer

a) 3,750 you have not given the tax rate, assuming the tax rate is 25% (.75x3000)+1500= 3750

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