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11. The intent of this problem is to test mastery of the material covered in the Application of the Cash Flow Identity that constitutes

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11. The intent of this problem is to test mastery of the material covered in the Application of the Cash Flow Identity that constitutes a majority of Lesson 1. (Items 2-7 worth 1.5 pts. each) Consider each of the five components of the Cash Flow Identity: Operating Cash Flow (which, itself, equals Operating Income + Depreciation Expense - Tax Expense), ANet Working Capital, Net Capital Spending (which itself is ANet Fixed Assets + Depreciation Expense - Gain on Sale of Asset), Cash Flow to Creditors, and Cash Flow to Shareholders. Also consider that Cash Flow from Assets = Operating Cash Flow - ANet Working Capital - Net Capital Spending. Construct a simple table, calculating a value for each of the five components and for Cash Flow from Assets, for each of the following transactions: (1) The firm pays a $300 dividend expense with cash. (2) The firm generates $3300 in revenues, all paid for by customers on credit. (3) The firm purchases $830 of inventory, all on credit. (4) The firm issues $1600 of long-term bonds in exchange for cash. (5) The firm depreciates one long-term asset by $1100. (6) The firm purchases a new long-term asset with cash for $4500. (7) The firm announces a year-end tax expense of $375, payable the following year on April 15. (Please use "n/a" to indicate when a component is "not affected", or you may just leave the component empty. Please be sure to format your cells so that $0s and empty cells do not look the same! See below for a representative table (with the answer to 1 shown).

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