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Calculating Cash Flows Manaia Manufacturing had the following operating results for 2 0 2 2 : sales = $ 3 2 , 8 6 1
Calculating Cash Flows
Manaia Manufacturing had the following operating results for : sales $; cost of goods sold $; depreciation expense $; interest expense $; dividends paid $ At the beginning of the year, net fixed assets were $ current assets were $ and current liabilities were $ At the end of the year, net fixed assets were $ current assets were $ and current liabilities were $ The tax rate was percent.
a What is net income for $
b What is the operating cash flow for $
c What is the cash flow from assets for $ Is this possible? Explain.
d If no new debt was issued during the year, what is the cash flow to creditors? What is the cash flow to stockholders? Explain and interpret the positive and negative signs of your answers in parts a through d
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