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Given below are lected coco Corporation: Summoned income Statement on Nol Revenue 5 Cost of Sales 305 Gross Profit 91.00 Depreciation Operating expenses 15.110 0400

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Given below are lected coco Corporation: Summoned income Statement on Nol Revenue 5 Cost of Sales 305 Gross Profit 91.00 Depreciation Operating expenses 15.110 0400 EBIT 51.390 Interest 4200 EBT Tax 19.400 Net Income 37752 - The decrease in the net fied assets is equal to the depreciation expense. - Net working capital increased from 2016 to 2017 by $3,500 (a) Find the Cash Flow from Assets showing complete steps and all the components of the cash flows. [3 mark (b) Examine the cash flows calculated above and interpret what each one means. (3 marks) 3 111 111 A- BI 7

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