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please note the typo in the question. net assets were $13,650 should be fixed assets were $13,650. What is the cash flow to stockholders, cash
please note the typo in the question. "net assets were $13,650" should be "fixed assets were $13,650".
What is the cash flow to stockholders, cash flow to creditors, cash flow from assets?
What is the capital spending?
What is the change in net working capital?
What is the net income?
21. Calculating Cash Flows (LO2) Nanticoke Industries had the following operating results for 2015: sales $22,800; cost of goods sold $16,050; depreciation expense - $4,050; interest expense $1,830; dividends paid $1,300. At the beginning of the year net assets were $13,650, current assets were $4,800, and current liabilities were $2,700. At the end of the year, net fixed assets were $16,800, current assets were $5,930, and current liabilities were $3,150. The tax rate for 2015 was 34 percent
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