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Cash flow from assets. Use the data from the following financial statements in the popup window, B. The company paid interest expense of $18,400 for
Cash flow from assets. Use the data from the following financial statements in the popup window, B. The company paid interest expense of $18,400 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.) (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 $349,900 Sales revenue Cost of goods sold Fixed costs $141,900 $43,000 $27,800 $46,000 Selling, general, and administrative expenses Depreciation (Click on the following icon ASSETS Cash Accounts receivable in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 LIABILITIES $16,000 Notes payable $28,000 Accounts payable $48,000 Long-term debt $368,000(OWNERS' EQUITY $142,100 Retained earnings $82,200 Common stock $13,800 $18,800 $189.900 Inventories Fixed assets Accumulated depreciation Intangible assets $131,800 (Click on the following icon ASSETS Cash Accounts receivable in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 LIABILITIES $26,100 Notes payable $19,200 Accounts payable $52,800 Long-term debt $448,100 OWNERS' EQUITY Retained earnings $82,200 Common stock $12,000 $24,000 $162,200 Inventories Fixed assets Accumulated depreciation Intangible assets $182,000
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