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Please show work! QUESTION 2 Based on the following information for York Developments Inc., answer the questions below. The tax rate is 40%. 2021 Sales
Please show work!
QUESTION 2 Based on the following information for York Developments Inc., answer the questions below. The tax rate is 40%. 2021 Sales COGS Depreciation Interest expense Dividends Current Assets Net Fixed Assets Current Liabilities Long Term debt a) What is the Owner's Equity for 2021? (2 mark) 2020 '000s c) Calculate Net Income for 2021. (2 marks) 4,203 2,422 785 180 225 2,205 7,344 1,003 3,106 d) Calculate the operating cash flow for 2021. (3 marks) e) What is the capital asset spending for 2021? (2 marks) 000s b) What was the increase or decrease in net working capital between 2020 and 2021? (2 marks) f) What is the combined cash flow from assets for 2021? (3 marks) 4,507 2,633 952 196 250 2,429 7,650 1,255 2,085Step by Step Solution
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