Question
Cash Flow From Assets Problem: Calculate each step of the cash flow from assets based on the following information. Use the examples in the presentation
Cash Flow From Assets Problem: Calculate each step of the cash flow from assets based on the following information. Use the examples in the presentation as a guide. Working Capital Accounts: 2015: Current Assets = 4,400; Current Liabilities = 1,500 2014: Current Assets = 3,500; Current Liabilities = 1,200 Fixed Assets and Depreciation: 2015: Net Fixed Assets = 3,400 2014: Net Fixed Assets = 3,100 Depreciation Expense = 400 Long-Term Debt and Equity: 2015: Long-Term Debt = 4,000; Common Stock = 400 2014: Long-Term Debt = 3,950; Common Stock = 400 Income Statement/Dividends: EBIT = 2,000 Taxes = 300 Interest Expense = 350 Dividends = 500
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