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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 2018 : sales $29,800; cost of goods sold =$19,960; depreciation expense
=$5,420; interest expense =$2,790; dividends paid =$1,650. At the beginning of the year, net fixed assets were $17,510, current
assets were $5,900, and current liabilities were $3,425. At the end of the year, net fixed assets were $20,860, current assets were
$7,146, and current liabilities were $4,030. The tax rate for 2018 was 30%.
a. What is net income for 2018?(Negative answers should be indicated by a minus sign. Omit $ sign in your response.)
Net income ,$
b. What is the operating cash flow for 2018?(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 2018?(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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