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a) You have recently joined Al Rustag Trading where you are provided with the following operating results for the year 2015: Sales $22,800; Cost of

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a) You have recently joined Al Rustag Trading where you are provided with the following operating results for the year 2015: Sales $22,800; Cost of Goods Sold $16,050; Depreciation Expense $4,050; Interest Expense $1,830; Dividends Paid $1,300. At the beginning of the year, Net Fixed Assets were $13,650, Current Assets were $4,800, and Current Liabilities were $2,700. At the end of the year, Net Fixed Assets were $16,800, Current Assets were $5,930, and Current Liabilities were $3,150. The Tax Rate for 2009 was 34 per cent. From the above information, you are required to answer the following questions and interpret the positive and negative signs of your answers in (a) through (d) a) What is the net income for 2009? b) What is the operating cash flow for 2009 ? c) What is the cash flow from assets for 2009 ? d) Supposing that no new debt was issued during the year, what is the cash flow to creditors and also cash flow to stockholders

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