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Nanticoke Industries had the following operating results for 2020: Sales $27,360; Cost of goods sold = $19,260; Depreciation expense = $4,860; Interest expense = $2,190,

Nanticoke Industries had the following operating results for 2020: Sales $27,360; Cost of goods sold = $19,260; Depreciation expense = $4,860; Interest expense = $2,190, Dividends paid = $1,560 At the beginning of the year, Net fixed assets = $16,380, Current assets = $5,760, Current liabilities = $3,240. At the end of the year, Net fixed assets = $20,160, Current assets = $7,116, Current liabilities = $3,780. The tax rate for 2020 was 34%. a. What is net income for 2020? (Negative answer should be indicated by a minus sign. Omit $ sign in your response.) Net income $ b. What is the operating cash flow for 2020? (Negative answer should be indicated by a minus sign. Omit $ sign in your response.) Operating cash flow $ c. What is the cash flow from assets for 2020? (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.) Cash flow to creditors. Cash flow to shareholders. $ $
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Narticoke industries had the following operating results for 2020 Sales =$27360. Cost of goods sold =$19,260, Depreciation expense =$4,860. interest expense =$2,190. Dividends paid =$1,560 At the beginning of the year, Net fowed assets =$16,380, Cutrent assets =$5,760. Curient liabilities =$3,240 At the end of the year, Net fixed assets =$20160 Current assets =$7116 Curtent habilises =$33.780 The tax rate for 2020 was 34% 6. What is net income for 2020 ? (Negotive answer should be indicoted by o minus sign. Omit 5 sign in your response) Net income b. What is the operating cash flow for 2020 ? (Negotive answer should be indicated by e minus sign. Omit 5 sign in your response) Operating cash thow 5 c. What is the cash flow from assets for 2020 ? (Negetive entwer should be indiceted by a minus sign Omit $ sign in your response) Cach flow from absets d. if no riew debt wassssued durng the year, what is the cash flow to creditors? What is the cash flow to shaceholdecs? (Negative oncwers should be indiceted by o minus sign Omit $ sign in your response)

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