1. Calculate the following Cash Flow from Assets Questions:

The Operating Cash Flow

The Net Capital Spending

The Changes in Net Working Capital

The Cash Flow from Assets

The Cash Flow to Creditors

The Cash Flow to Stockholders

& Calculate the Following Ratios:

The Current Ratio for 2016

The Times Interest Earned for 2016

The Return on Assets for 2016

Use the information below to compute the Cash Flow from Assets (2 points per step) and Financial Ratios (2 points per step). (Total 18 points) 2016 2015 Balance Sheet: Current Assets $ 5,000 $ 7,000 Current Liabilities 2,000 4,500 Net Fixed Assets 10,000 8,000 Long-Term Debt 11,000 9,500 Common Stock 7,500 7,400 Income Statement/Other: Depreciation Expense $ 1,000 EBIT 4,000 Interest Expense 2,000 Taxes 500 Net Income 1,500 Dividends 600