Dog House Depot, Inc. has the following balance sheet items. It also produces net income of $67,800 for the year and has $11,300 of depreciation.

Start of Year End of Year

Inventory $ 56,000 $ 64,200

Accounts receivable $ 38,000 $ 41,600

Accounts payable $ 11,000 $ 3,800

What is the companys cash flow provided by operations?

Someone offers to buy your car for five, equal annual payments, beginning 4 years from today. If you think that the present value of your car is $18,000.00 and the interest rate is 14%, what is the minimum annual payment that you would accept