Cash flow from assets. Use the data from the following financial statements in the popup window,

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. The company paid interest expense of

$ 17 comma 500$17,500

for

20172017

and had an overall tax rate of

40 %40%

for

20172017.

Find the cash flow from assets for

20172017,

and break it into its three parts: operating cash flow, capital spending, and change in net working capital.

The operating cash flow is

$nothing.

Partial Income Statement Year Ending 2017
Sales revenue	$349,800
Cost of goods sold	$141,900
Fixed costs	$43,000
Selling, general, and administrative expenses	$28,200
Depreciation	$45,800

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in order to copy its contents into a spreadsheet.)

Partial Balance Sheet 12/31/2016
ASSETS		LIABILITIES
Cash	$15,900	Notes payable	$13,800
Accounts receivable	$28,200	Accounts payable	$18,900
Inventories	$47,800	Long-term debt	$190,000
Fixed assets	$367,800	OWNERS' EQUITY
Accumulated depreciation	$140,400	Retained earnings
Intangible assets	$82,100	Common stock	$131,800

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in order to copy its contents into a spreadsheet.)

Partial Balance Sheet 12/31/2017
ASSETS		LIABILITIES
Cash	$26,200	Notes payable	$12,200
Accounts receivable	$19,200	Accounts payable	$23,800
Inventories	$53,200	Long-term debt	$162,200
Fixed assets	$448,200	OWNERS' EQUITY
Accumulated depreciation		Retained earnings
Intangible assets	$82,100	Common stock	$182,000

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