Below is a (partial) copy of New Jersey Tool's most recent income statement and balance sheet:

Income Statement
	Current Year
Sales	2128
COGS	1043
SG&A	284
Depreciation	271
Interest Expense	146
Tax Rate	23

Balance Sheet
	Current Year	Prior Year
Assets
Cash	638	694
A/R	1210	1190
Inventory	853	871
Net PP&E	1058	895
Liabilities
A/P	618	623
Bonds Payable	1067	1047

What was New Jersey Tool's free cash flows?

Critter Crafts has just finished their fiscal year. They've reported the following information (all numbers are in thousands):

Sales: 498

COGS: 168

SG&A: 34

Depreciation: 31

Interest: 13

Tax rate: 29%

What was Critter Crafts net income?

Jody is single and had a taxable income of 157,000 last year. Using the following tax table calculate her federal income tax liability:

Tax Rate	Income Bracket (Single)
10%	$0-$10,275
12%	$10,276-$41,775
22%	$41,776-$89,075
24%	$89,076-$170,050
32%	$170,051-$215,950
35%	$215,951-$539,900
37%	$539,901 or more

Which financial statement would be most useful for determining the accounting profit the firm made last year?

		Income Statement
		Balance Sheet
		Statement of Cash Flows
		Statement of Retained Earnings
		None of them