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Ledger Properties of XYZ Itd has the following financial information: Current Year Prior Year Revenues $ 18,915 $ 13,610 Administrative expenses 2,106 1,602 Interest expense
Ledger Properties of XYZ Itd has the following financial information: Current Year Prior Year Revenues $ 18,915 $ 13,610 Administrative expenses 2,106 1,602 Interest expense 816 468 Cost of goods sold 9,715 6,309 Depreciation 408 387 Net fixed assets 12,711 11,984 Current liabilities 4,652 4,625 Common stock 5,000 4,000 Current assets 6,506 4,687 Long-term debt 2,200 ? Retained earnings 1365 246 Dividends paid 290 275 What is the cash flow of the firm for the current year if the tax rate is 12 percent? Select one: O a. 2096$ O b. None of the other three answers are correct O c. 25000$ O d. 1500$
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