Hey, I sent you guys this question earlier but the guy who answered it got most of the answers wrong. I am gonna list the answers he gave me wrong so you dont repeat the same mistake, possibly.

Net Income= $2071 (this one was wrong)

cashflow from assets = operating cashflow - change in net working capital-net capital spending

=9279-965-10523

= - $ 2209 (this one was wrong)

operating cashflow =EBIT +DEPRECIATION-TAXES

= 3941+5957-619

=$9279 (this one was wrong)

cashflow to creditors = interest - net new ltd

=$2690 (this one was the only one that was correct)

cashflow to stockholders = cashflow to creditors - cash flow from assets

=2690-(-2209)

=$4899 (this one was wrong)

Please check the answers are correct, since everytime I have to submit it again I practically throw away 1 of my 20 questions per month

Cardinal Industries had the following operating results for 2018: Sales $33,914; Cost of goods sold $24,016; Depreciation expense-$5,957; Interest expense $2,690; Dividends paid = $1960. At the beginning of the year, net fixed assets were $19,900, current assets were $7,026, and current liabilities were $3,968. At the end of the year, net fixed assets were $24,466, current assets were $8,660, and current liabilities were $4,637. The tax rate for 2018 was 23 percent. a. What is net income for 2018? (Do not round intermediate calculations.) b. What is the operating cash flow for 2018? (Do not round intermediate calculations.) c. What is the cash flow from assets for 2018? (Do not round intermediate calculations A negative answer should be indicated by a minus sign.) d- If no new debt was issued during the year, what is the cash flow to creditors? (Do not 1. round intermediate calculations.) d- If no new debt was issued during the year, what is the cash flow to stockholders? (Do 2. not round intermediate calculations. A negative answer should be indicated by a minus sign.)