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Prescott Football Manufacturing had the following operating results for 2019: sales = $29,974; cost of goods sold = $21,668; depreciation expense = $3,484; interest expense
Prescott Football Manufacturing had the following operating results for 2019: sales = $29,974; cost of goods sold = $21,668; depreciation expense = $3,484; interest expense = $524; dividends paid = $833. At the beginning of the year, net fixed assets were $19,930, current assets were $3,381, and current liabilities were $3,332. At the end of the year, net fixed assets were $23,017, current assets were $4,403, and current liabilities were $3,013 The tax rate of 2019 was 22%. What is the net income? What is the Operating Cash Flow
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