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Awaking Clothing currently retains back 75 percent of its net income and has a corporation tax rate of 25%. You are the financial analyst's assistant,
Awaking Clothing currently retains back 75 percent of its net income and has a corporation tax rate of 25%. You are the financial analyst's assistant, and he has asked you to prepare the following: 1- An income statement for 2021 and 2022. 2- A balance sheet for 2021 and 2022. 3- Operating cash flow for each year. 4- Cash flow from assets for 2022. 5- Cash flow to creditors for 2022 . 6- Cash flow to stockholders for 2022
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