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Nanticoke Industries had the following operating results for 2018, sales $22,800, cost of goods sold Question 1: Calculating Cash flows (question 21, chapter 2) beginning
Nanticoke Industries had the following operating results for 2018, sales $22,800, cost of goods sold Question 1: Calculating Cash flows (question 21, chapter 2) beginning of the year, net assets were $13, 650, current assets were $4,800 and current liabilities were $16050; depreciation expense = $4,050; interest expense = $1,830, dividends paid $1,300. At the C. What is the cash flow from assets for 2018? Is this possible? D. If no new debt was issued during the year, what is he cash flow to creditors? What is the cash $2,700. At the end of the yar, net fixed assets were $16,800, current assets were $5930 and current liabilities were 3,150. The tax rate for 2018 was 34% A. What is net income for 2018? B. What is the operating cash flow for 2018? flow to shareholders
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