P2-13 (similar to) Question Help Cash flow to owners. Use the data from the following financial statements in the popup window, B . The company paid interest expense of $17,700 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow to owners for 2017 by parts and total, with the parts being dividends paid and increases in borrowing from owners (change in common stock and paid-in-surplus). The distributed earnings is $ (Round to the nearest dollar.) i Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350,100 Cost of goods sold $141,800 Fixed costs $43,000 Selling, general, and administrative expenses $28,200 Depreciation $46,000 (Click on the following icon ASSETS Cash Accounts receivable in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 LIABILITIES $16,200 Notes payable $28,200 Accounts payable $47,900 Long-term debt $368,200 OWNERS' EQUITY $142,100 Retained earnings $81,800 Common stock $14,200 $18,900 $189,900 Inventories Fixed assets Accumulated depreciation Intangible assets $132,000 (Click on the following icon ASSETS Cash Accounts receivable in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 LIABILITIES $26,100 Notes payable $19,100 Accounts payable $53,200 Long-term debt $448,100 OWNERS' EQUITY Retained earnings $82,000 Common stock $12,200 $24,100 $162, 100 Inventories Fixed assets Accumulated depreciation Intangible assets $182,000 P2-13 (similar to) Question Help Cash flow to owners. Use the data from the following financial statements in the popup window, B . The company paid interest expense of $17,700 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow to owners for 2017 by parts and total, with the parts being dividends paid and increases in borrowing from owners (change in common stock and paid-in-surplus). The distributed earnings is $ (Round to the nearest dollar.) i Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350,100 Cost of goods sold $141,800 Fixed costs $43,000 Selling, general, and administrative expenses $28,200 Depreciation $46,000 (Click on the following icon ASSETS Cash Accounts receivable in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 LIABILITIES $16,200 Notes payable $28,200 Accounts payable $47,900 Long-term debt $368,200 OWNERS' EQUITY $142,100 Retained earnings $81,800 Common stock $14,200 $18,900 $189,900 Inventories Fixed assets Accumulated depreciation Intangible assets $132,000 (Click on the following icon ASSETS Cash Accounts receivable in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 LIABILITIES $26,100 Notes payable $19,100 Accounts payable $53,200 Long-term debt $448,100 OWNERS' EQUITY Retained earnings $82,000 Common stock $12,200 $24,100 $162, 100 Inventories Fixed assets Accumulated depreciation Intangible assets $182,000
