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6. (10 ponts) Use the following information to answer the following problems: The tax rate is 20%. Year 2019 2020 Sales 6,200 6700 Cost of

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6. (10 ponts) Use the following information to answer the following problems: The tax rate is 20%. Year 2019 2020 Sales 6,200 6700 Cost of Goods Sold 2,800 3,000 Depreciation 500 500 Cash 800 700 Account Receivables 400 500 Other Expenses 1,500 1,500 Account Payables 1,200 920 Inventory 300 500 Long-term Debt 3,600 3.700 Net Fixed Assets 6,200 6,500 Dividend 100 200 Interest 500 600 (1) (4 points) What is the cash flow from assets for 2020? Answer: OCF= 1,700 + 500-220 = 1,980 (2) (4 points) What is the cash flow to stockholders for 2020? You are not allowed to use the cash flow identity for this problem. (3) (2 points) What is the cash flow to creditors (bondholders) for 2020

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