Question 6 Not yet answered Marked out of 400 This year, your company reported the following financial information, sales of $756,000, cost of goods sold of $435,000, operating expenses of $165,000, and interest expense of $24,300. Operating expenses included $18,600 of depreciation and amortization expenses. The corporate income tax rate was 30% During the current year, net working capital rose from $123,000 to $156,000. The balance for property plant and equipment (net) rose grew from $234,000 to $256,000 during the same period. That year, bonds payable rose from $345,500 to $389,400. Hint begin by calculating net income after tax REQUIRED: Calculate the following 1. Operating cash flow P Flag question O$134,420 O$134,870 O$136,560 O$135,090 O$134,103 2 Cash flow from assets O$60,240 O$61,490 O$63,495 O$63,513 O$62,732 3. Cash flow to creditors OS(19,600) O$23,600 0519,100) O$(25,900) O$3,700 4. Cash flow to shareholders O$134,420 $134,870 O$136,560 O$135,090 O$134,103 2. Cash flow from assets O$60,240 O$61,490 O$63,495 O$63,513 O$62,732 3 Cash flow to creditors OS(19,600) O$23,600 O$(9,100) OS(25,900) O$3,700 4. Cash flow to shareholders O$84,250 O$93,106 O$81,090 O$78,660 O$89,750 A business purchased $90,000 of equipment classified as capital asset with a 30% CCA rate. The equipment qualifies for the Accelerated Investment Incentive. How much CCA tax deduction can the business claim in the third year? Select one: O a $12,875 O b. $13,230 Oc$9,865 O d. $11.950 O e $10,395 A company has the following current assets and current liabilities: $24,600 in cash, $38,500 in accounts receivable, $76,800 in inventory, and $63,500 in accounts payable. Based on this information calculate the firm's quick ratio Select one: O a 0.56 O b. 1.27 Oc 1.13 Od 0.99 O e 0.78