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Cash flow from assets. Use the data from the following financial statements in the popup window --- The company paid interest expense of $17,300 for

Cash flow from assets.

Use the data from the following financial statements in the popup window ---

The company paid interest expense of $17,300 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.

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Cash flow from assets. Use the data from the following financial statements in the popup window, The company paid interest expense of $17,300 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 $ (Round to the nearest dollar.) Partial Income Statement Year Ending 2017 Sales revenue $349,900 Cost of goods sold $141,900 Fixed costs $43,000 $27,900 Selling, general, and administrative expenses Depreciation $45,900 (Click on the following icon 2 in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $13,900 $16,000 Notes payable $28,000|Accounts payable Accounts receivable $18,900 $190,000 Inventories $48,200 Long-term debt Fixed assets $368,200 OWNERS' EQUITY Accumulated depreciation $142,500 Retained earnings Intangible assets $81,900|Common stock $131,900 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 LIABILITIES ASSETS Cash $26,100 Notes payable $12,200 Accounts receivable $19,200 Accounts payable $23,800 Inventories $52,900 Long-term debt $161,800 Fixed assets $448,200 OWNERS' EQUITY Accumulated depreciation Retained earnings Intangible assets $81,900 Common stock $181,900

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