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please do fast and ahow how to do rhank you Cash flow from assets. Use the data from the following financial statements in the popup
please do fast and ahow how to do rhank you
Cash flow from assets. Use the data from the following financial statements in the popup window The company paid interest expense of $17,300 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for 2017, and break it into its three parts operating cash flow, capital spending and change in net working capital Sales revenue $350,000 Cost of goods sold $142.000 Fixed costs $42,800 Selling, general, and administrative expenses $27,800 Depreciation $46,200 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,100 Notes payable Accounts receivable $28,000 Accounts payable Inventories $47 800 Long-term debt Fixed assets $368, 100 OWNERS' EQUITY Accumulated depreciation $143,500 Retained earnings Intangible assets $81,900 Common stock $14,000 $18.800 $190,000 $132.000 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $25,800 Notes payable Accounts receivable $19,100 Accounts payable Inventories $52,800 Long-term debt Fixed assets $448.200 OWNERS' EQUITY Accumulated depreciation Retained earnings Intangible assets $81,900 Common stock $11,900 $23,900 $162, 100 $181,800 Step by Step Solution
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