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For the next 4 questions suppose the following data holds: Sales 50000 COGS 25000 Depreciation 2000 Earnings Before Interest and Taxes 23000 (EBIT) Interest 1000

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For the next 4 questions suppose the following data holds: Sales 50000 COGS 25000 Depreciation 2000 Earnings Before Interest and Taxes 23000 (EBIT) Interest 1000 Taxable income 22000 Taxes (34%) 7480 Net Income 14520 Beginning 5000 Current Assets Current Liabilities 4000 Ending 8000 6000 2000 45000 1000 Net Working Capital Net Fixed Assets 30000 Assume that MBM Co. issued $1500 new debt and paid off no old debt in 2017. It paid $3000 dividends in 2017. It did not repurchase any of its common stock in 2017 What is the operating cash flow of the firm for 2017? O $13,410 O $15,530 O $16,550 O $17,520 O $119,740 QUESTION 33 What is the change in net working capital of the firm for 2017? O $500 $1,000 O $1.250 O $1,500 O $2,000 QUESTION 34 What is the capital spending of the firm for 2017? O $13,500 O $14,000 $15,500 O $16,000 O $17,000 QUESTION 35 What is the cash flow from the firm's assets for 2017? O $-1,000 O $-480 O $-150 O $750 O $950 QUESTION 37 What is the cash flow paid to stockholders in 2017? O $-550 O $20 O $550 O $750 O $950 QUESTION 38 How much new common stock was issued in 2017? O $0 O $1,540 O $2,560 O $2,980 O $3,330

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