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Nanticoke Industries had the following operating results for 2 0 1 8 : sales $ 2 9 , 8 0 0 ; cost of goods
Nanticoke Industries had the following operating results for : sales $; cost of goods sold $; depreciation expense
$; interest expense $; dividends paid $ At the beginning of the year, net fixed assets were $ current
assets were $ and current liabilities were $ At the end of the year, net fixed assets were $ current assets were
$ and current liabilities were $ The tax rate for was
a What is net income for Negative answers should be indicated by a minus sign. Omit $ sign in your response.
Net income $
b What is the operating cash flow for Negative answers should be indicated by a minus sign. Omit $ sign in your response.
Operating cash flow $
c What is the cash flow from assets for Negative answer should be indicated by a minus sign. Omit $ sign in your response.
Cash flow from assets $
d If no new debt was issued during the year, what is the cash flow to creditors? What is the cash flow to shareholders? Negative
answers should be indicated by a minus sign. Omit $ sign in your response.
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