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Q1 Given Sales = $246,000; Costs = $135,000; Other Expenses = $7,100; Depreciation Expense = $19,100; Interest Expense = $10,000; Taxes = $18,876; Dividends =
Q1 Given Sales = $246,000; Costs = $135,000; Other Expenses = $7,100; Depreciation Expense = $19,100; Interest Expense = $10,000; Taxes = $18,876; Dividends = $9,800; New Equity = $7,900; New Long-term Debt = ($6,800); Change in Fixed Assets = $ 41,900.
Prepare an income statement and determine (A) Operating cash flows (B) Cash flows to creditors (C) Cash flow to stockholders (D) Cash flow from assets
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