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1. During the year, the A company had sales of $870. The firms cost of goods sold and selling expenses were $280 and $155, respectively.

1. During the year, the A company had sales of $870. The firms cost of goods sold and selling expenses were $280 and $155, respectively. A also had note payable of $650. These notes carried an interest rate of 6 percent. Depreciation was $86. Ss tax rate was 35%. 1) What was As net income? 2) What was As operating cash flow?

2. Given the following info. For B company. Please calculate the depreciation expense of B Co. EBT: $10,615; Sales: $43 000; Interest: $1 900; Total costs: $26 000. P.S.(EBIT = Sales Costs Depreciation; )

3. The 2016 balance sheet of M shop Inc. showed $730 000 in the common stock account and $ 6.2 million in the addition paid-in surplus account. The 2017 balance sheet showed $775 000 and $6.9 million in the same two accounts accounts, respectively. If the company paid out $400 000 in cash dividends during 2017, what was the cash flow to stockholders for the year?

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