A. Given the following information on income statement for Natural Tech Inc.

Sales 2500

COGS 850

Operating expenses 380

Income taxes 222

Calculate the operating and net income margins (%) of Natural Tech.

Use the indirect method to answer questions 4-5. The following information is available for Casey Company:

Net income $300 Increase in plant and equip. 190

Depreciation expense 100 Payment of dividends 25

Increase in accts. receivables. 30 Increase in long-term debt 100

Decrease in inventories 10 Decrease in accounts payable 20

. Calculate cash flow from operating activities for Casey Company?

Calculate the cash from investing activities for Casey Company?

B. Lazy O Corporation

Selected Financial Data

Current assets $95,000

Current liabilities 100,000

Accounts receivable 35,000

Inventories 40,000

Accounts payable 25,000

Net sales 425,000

Cost of goods sold 258,000

Calculate Lazy O's current ratio

Calculate Lazy O's quick ratio