1. Consider the following information from Snuggie Corp.'s most recent Income Statement. Net Sales were $963, Operating Costs (excluding depreciation) were $289, and Depreciation and Amortization Expense was $122. The firm's Interest Expense for the year was $82, and the firm's marginal tax rate is 35%. The firm's Operating Cash Flow for the year is $_____________.

2. If a company has $2612 in Total Liabilities and $2372 in Total Owners' Equity, what is its Equity Multiplier?

3. Schnucki Corp's. Operating Cash Flow for 2011 was $1470 and its Depreciation Expense for 2011 was $221. On 12/31/10 the balance in the Net Fixed Assets account was $749, and on 12/31/11 it was $939. Net Working Capital decreased by $128 during 2011. Schnucki's Cash Flow from Assets was $__________.

4.

Select financial information follows. Calculate Cash Flow from Assets. Hint: In the process, you will need to calculate the amount of taxes that would appear on the income statement based on the information available to you.

		from Balance Sheet 12/31/2031	from Balance Sheet 12/31/2032		from Income Statement, Year ending 12/31/2032
	current assets	146	157		Depr. Expense	307
	net fixed assets	563	796		EBIT	1090
	current liabilities	185	177		Interest expense	103
					Taxes (at 30%)	?