a$)$ Calculate the dividends paid during $2025$

b$)$ Create a $2025$ Statement of Cash Flows using the indirect method.

c$)$ Calculate the OCF and FCF$.($Use the average tax rate calculated for $2025)$

d$)$ Analyze your findings.

Toosla Inc.

Income Statement $($in $000\text{'}$s$)$

$2025$

Sales $15,000$

$-$ Cost of Goods Sold $6,650$

$=$ Gross Profit $8,350$

$-$ Operating Expenses $1,400$

$-$ Depreciation $50$

$=$ Operating Income $($EBIT$)6,900$

$-$ Interest Expense $150$

$=$ Earnings Before Tax $($EBT$)6,750$

$-$ Income Tax $2,025$

$=$ Net Income $($EAT$)4,725$

Balance Sheet $($in $000\text{'}$s$)$

Assets $20242025$

Cash $9501,425$

Accts Rec $1,2005,200$

Inventory $1,4501,500$

$=$ Total Current Assets $3,6008,125$

$=$ Gross Fixed Assets $3,9004,600$

$-$ Accum Depreciation $1,1001,350$

$=$ Net Fixed Assets $2,8003,250$

Long term Investments $1,1501,250$

Total Assets $7,55012,625$

Liabilities $20242025$

Accounts Payable $800950$

Acc Wages Pay $350350$

$=$ Current Liabilities $1,1501,300$

Bonds Payable $1,4001,600$

Total Liabilities $2,5502,900$

Equity

Common Stock $-$ PIC $1,4001,400$

Retained Earnings $3,6008,325$

$=$ Total Equity $5,0009,725$

Total Liabilities$/$Equity $7,55012,625$