Question
Manaia Manufacturing had the following operating results for 2022: sales = $30,574; cost of goods sold = $21,884; depreciation expense = $3,568; interest expense =
Manaia Manufacturing had the following operating results for 2022: sales = $30,574; cost of goods sold = $21,884; depreciation expense = $3,568; interest expense = $584; dividends paid = $881. At the beginning of the year, net fixed assets were $20,278, current assets were $2,325, and current liabilities were $4,664. At the end of the year, net fixed assets were $23,197, current assets were $4,535, and current liabilities were $3,205. The tax rate for 2022 was 24 percent.
- What is net income for 2022?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
- What is the operating cash flow for 2022?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
- What is the cash flow from assets for 2022?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
- If no new debt was issued during the year, what is the cash flow to creditors for 2022?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
- Assume no new debt was issued during the year. What is the cash flow to stockholders for 2022?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
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