Question
Consider the following information from Snuggie Corp.'s most recent Income Statement. Net Sales were $974, Operating Costs (excluding depreciation) were $206, and Depreciation and Amortization
Consider the following information from Snuggie Corp.'s most recent Income Statement. Net Sales were $974, Operating Costs (excluding depreciation) were $206, and Depreciation and Amortization Expense was $159. The firm's Interest Expense for the year was $64, and the firm's marginal tax rate is 35%. The firm's Operating Cash Flow for the year is $_____________.
Schnucki Corp's. Operating Cash Flow for 2011 was $1,767 and its Depreciation Expense for 2011 was $239. On 12/31/10 the balance in the Net Fixed Assets account was $723, and on 12/31/11 it was $948. Net Working Capital decreased by $115 during 2011. Schnucki's Cash Flow from Assets was $__________.
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