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Intro Creminy, Inc. has revenue of $93,000, costs of $46,500, depreciation of $13,000, and interest expenses of $9,000. The average tax rate is 0.34. The
Intro Creminy, Inc. has revenue of $93,000, costs of $46,500, depreciation of $13,000, and interest expenses of $9,000. The average tax rate is 0.34. The balance sheet shows current assets of $23,000, current liabilities of $19,000 and net fixed assets of $94,000 for the most recent year, and current assets of $18,000, current liabilities of $14,000 and net fixed assets of $75,000 for the previous year. Attempt 1/10 for 10 pts. Part 1 What is Creminy's net income? 16170 Correct Part 2 18 | Attempt 1/10 for 10 pts. What is the operating cash flow? For current purposes, use the tax figure calculated in the previous part. 0+ decimals Submit | Attempt 2/10 for 10 pts. Part 3 What is net capital spending? 0+ decimals Previous answers: 6000 Submit JA | Attempt 1/10 for 10 pts. Part 4 What is the change in net working capital? 0 Correct Part 5 IB Attempt 1/10 for 10 pts. What is the cash flow from assets? 0+ decimals Submit
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