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Based on the following balance sheet and income statement, compute (a) the cash flow from assets and (b) cash flow to shareholders. In the box
Based on the following balance sheet and income statement, compute (a) the cash flow from assets and (b) cash flow to shareholders. In the box below, enter (a)+(b) as your answer. For example, if CF from assets = 100 and CF to shareholders = 50, then enter 150 as 100+50 = 150. Assume tax rate = 25%
XYZ Inc. | ||
Income Statement | ||
2020 | ||
Sales | $ 9,109 | |
Depreciation | 1,196 | |
COGS | 3,121 | |
Selling & Administrative Expenses | 604 | |
Interest | 673 | |
Dividends | 1,100 | |
Balance Sheet | ||
2019 | 2020 | |
Current Assets | 19,428 | 21,478 |
Net fixed assets | 35,155 | 36,117 |
Current Liabilities | 5,461 | 5,190 |
Long-term debt | 14,230 | 16,750 |
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