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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 $17,600 for 2017

Cash flow from assets: Use the data from the following financial statements in the popup window. The company paid interest expense of $17,600 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 $

The capital spending is

the change in net working capital is image text in transcribed

image text in transcribed

(Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350,200 Cost of goods sold $142,000 Fixed costs $43,000 Selling, general, and administrative expenses $28,000 Depreciation $45,900 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,000 Notes payable Accounts receivable $27,900 Accounts payable Inventories $48, 100 Long-term debt Fixed assets $367,900 OWNERS' EQUITY Accumulated depreciation $140,400 Retained earnings Intangible assets $81,800 Common stock $13,900 $18,800 $190,000 $131,900 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $25,900 Notes payable Accounts receivable $19,000 Accounts payable Inventories $53,000 Long-term debt Fixed assets $447,900 OWNERS' EQUITY Accumulated depreciation Retained earnings Intangible assets $81,800 Common stock $12,000 $24,100 $161,800 $181,800

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