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cash flow from assets: ignore the numbers from the previous answer theyre incorrect. just answer operaing cash flow, capital spending change in net working capital
cash flow from assets:
ignore the numbers from the previous answer theyre incorrect. just answer operaing cash flow, capital spending change in net working capital and cash flow from assets please and thank u
X P2-11 (similar to) 3 Question Help O Cash flow from assets. Use the data from the following financial statements in the popup window, . The company paid interest expense of $18,700 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for 2017, and break it into its three parts: operating cash flow, capital spending, and change in net working capital. The operating cash flow is $ 107,800 (Round to the nearest dollar.) The capital spending is $ 79,800 (Round to the nearest dollar.) The change in net working capital is $ 3,200. (Round to the nearest dollar) The cash flow from assets is $ 24,800 (Round to the nearest dollar.) (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350,000 Cost of goods sold $141,900 Fixed costs $42,800 Selling, general, and administrative expenses $27,800 Depreciation $45,900 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 LIABILITIES ASSETS Cash Accounts receivable $14,000 $19,200 $190,200 Inventories Fixed assets $15,800 Notes payable $27,800 Accounts payable $47,900 Long-term debt $368,100 OWNERS' EQUITY $143,900 Retained earnings $81,900 Common stock Accumulated depreciation Intangible assets $131,800 Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS Cash Accounts receivable Partial Balance Sheet 12/31/2017 LIABILITIES $26,100 Notes payable $19,200 Accounts payable $53,200 Long-term debt $447,800 OWNERS' EQUITY Retained earnings $81,900 Common stock $12,100 $23,900 $161,800 Inventories Fixed assets Accumulated depreciation Intangible assets $182,000Step by Step Solution
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