a search (D esto.mhedo ation com.hm t nosi wsiedGetting Started My USCAken-Black
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a search (D esto.mhedo ation com.hm t nosi wsiedGetting Started My USCAken-Black. .tpx Thie True Story 0fPoc." Question(al 501 Save & E 10 00 points Problem 2-21 Calculating Cash Flows [LO 4) S64AL the beg nre of the $21,740, curment assets were $3,460, and ourrent labiities were $2,070. The tax chidends Pad Than Football Manu ac ring had the following operating ults l r 2016: sales s19 870: cost of o ds sold-S 13890 de re at n e pense-S2780 i terest expe ee-S30 year, net fixed assets were $18,300, current assets were $3,030, and current labildes were $1,980 At the end af the year, net fixed assets were rate for 2016 was 40 percent. 1 a. what s net income lor 20162(Do not round intermediate calculations and round your answer to the nearest whole number, e.g·32.) Net ncome b. What is the operašing cash tow for 2016 (Do not round intermediate calculations and round your answer to the nearest Operating cash flaw c. What is the cash flow from assets for 2016? (A negative Cash flow from asets Assume no new debt was issued during the year d. What Cash flow to creditors e. What is the cash flow to stockholders for 2016? (A negative answer shoukd be indicated b Cash flow to stockholders whole number, e.g. 32. d be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, eg, 32) is the cash flow to creditors for 2016? (Do not round intermediate calculations and round your answer to the nearest whole number, eg.32.) nearest whole number, ng, t y a minus sign. Do not round intermediate calculations and round your answer to the 11/10/2017Explanation / Answer
a. Net income:
b.
c.
d.
e. cash flow to stockholders: dividend paid= 640
Sales: 19870 Less cost of goods sold 13890 Depreciation 2280 Interest 300 Profit before tax 3400 Tax@40% 1360 Profit after tax 2040Related Questions
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