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Construct the statement of cash flows for the most recent year. Goliath Inc. Income Statement Sales COGS except excluding depr. and amort. Depreciation and Amortization
Construct the statement of cash flows for the most recent year.
Goliath Inc. Income Statement Sales COGS except excluding depr. and amort. Depreciation and Amortization Other operating expenses 2014 $2,940,000 $2,100,000 $137,620 2013 $2,800,000 $2,086,000 $126,000 6 7 8 9 10 EBIT EBT Net Income $434,000 $402,780 $281400241668 $509,180 40.180 $469,000 Interest Expense Taxes (40%) 161,112 12 13 14 15 16 17 18 19 20 21 Common dividends Addition to retained earnings $126,875 $154,525 $120,834 120,834 Other Data Year-end Stock Price # of shares (Thousands) Lease payment (Thousands of Dollars) Sinking fund payment (Thousands of Dollars) 2014 63 390 28,364 $140,000 $35,000 2013 $67.20 28,000 $140,000 $35,000Step by Step Solution
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