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Q2. A firm has the following balances on the balance sheet: Total sales is $1,500,000 with costs of $905,000. Depreciation is 45,000 and the tax
Q2. A firm has the following balances on the balance sheet: Total sales is $1,500,000 with costs of $905,000. Depreciation is 45,000 and the tax rate is 34 percent. The firm does not have any interest expense. The company has paid 30% of the net income to shareholders as dividend. In 2022, it has sold $10,000 worth of common stock. A. Calculate the operating cash flow. B. Calculate the cash flow from asset. C. Calculate the cash flow to stockholders
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