5. Wing Air, Inc. has a net income of $197 on total sales of $1100. Costs are $725 and depreciation is $182. The tax rate is 0.24. The firm does not have interest expense. What is the operating cash flow?

(A) $313

(B) $11,515

(C) $437

(D) $196

7. Airfoil, Inc. has a beginning long-term debt of $270 and an ending long-term debt of $315. The beginning and ending total debt balances are $440 and $460, respectively. The interest paid is 15. What is the amount of the cash flow to creditors?

(A) $675

(B)-$30

(C) -$570

(D) 0

8.Contrail Air, Inc. has sales of $1500, Net income of $300, net fixed assets of $700, and current assets of $300. Inventory totals $250. What is the common-size statement value of inventory?

(A) 63%

(B) 14%

(C) 25%

(D) 70%

9. Wing Air, Inc. has cash of $85, accounts receivable of $80, accounts payable of $350, and inventory of $250. What is the value of the quick ratio?

(A) 1750.00

(B) 19.34

(C) 0.01

(D) 0.47