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calculate cash flow to creditors of 2018 Rabel, Inc. 2019 statement of comprehensive income (S in millions) Net sales Less: Cost of goods sold Less:

calculate cash flow to creditors of 2018
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Rabel, Inc. 2019 statement of comprehensive income (S in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Earnings before taxes Less: Taxes Net Income $6,08 3.89 86 1.330 270 1,060 360 700 Rabel, Inc. 2017 and 2018 statement of financial position (S in millions) 2018 2019 2018 415 560 Accounts payable 540 860 840 Current portion of LTD 0 1,270 1,390 Total 540 Cash Accounts receivable Inventory Tata 2019 610 50 AA 660 1. Calculate cash flow to creditors for 2018? 2. Let us assume that an asset of $40,000 asset was purchased and classified as a Class 10 asset for CCA purposes. If the CCA rate is 30%, calculate CCA for year 3. Rabel, Inc. 2019 statement of comprehensive income (S in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Earnings before taxes Less: Taxes Net Income $6,08 3.89 86 1.330 270 1,060 360 700 Rabel, Inc. 2017 and 2018 statement of financial position (S in millions) 2018 2019 2018 415 560 Accounts payable 540 860 840 Current portion of LTD 0 1,270 1,390 Total 540 Cash Accounts receivable Inventory Tata 2019 610 50 AA 660 1. Calculate cash flow to creditors for 2018? 2. Let us assume that an asset of $40,000 asset was purchased and classified as a Class 10 asset for CCA purposes. If the CCA rate is 30%, calculate CCA for year 3

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