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Master Machines, Inc. 2017 2018 Sales $1,240 $1,385 COGS 820 910 Interest 25 20 Dividends 25.50 25.90 Depreciation 270 240 Cash 110 95 Accounts receivable
Master Machines, Inc. 2017 2018 Sales $1,240 $1,385 COGS 820 910 Interest 25 20 Dividends 25.50 25.90 Depreciation 270 240 Cash 110 95 Accounts receivable 145 165 Current liabilities 380 469 Inventory 410 440 Long term debt 300 320 Net fixed assets 620 660 Common stock 500 350 Tax rate 34% What is the operating cash flow for 2018? A. $381.90 B. $396.10 C. $401.90 D. $440.10 E. $451.90
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Financial and Managerial Accounting
Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson
9th edition
1439037809, 978-1439037805
