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Muscat Company, Inc. has compiled the following information: Sales Interest paid long-term debt Common stock Depreciation Accounts receivable Other costs Inventory Accounts payable Cost of
Muscat Company, Inc. has compiled the following information: Sales Interest paid long-term debt Common stock Depreciation Accounts receivable Other costs Inventory Accounts payable Cost of goods sold Cash Taxes Net fixed assets Retained earnings 2002 $427.400 19,800 260.000 150,000 24,600 38,200 58,400 58.800 36.800 274,200 41.500 11.400 336.900 28.600 2010 $511,500 21,600 295.000 160,000 23.500 34,900 61.100 56,800 32.900 289.300 36.700 39.400 392.200 32.700 Required: Calculate a. Cash flow from assets ( 3 Marks) and b. Cash flow to shareholders 1 2 Marks)
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