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Revenue 49,850 Cash Flow From Assets: Cost of Goods Sold 24,580 Operating Cash Flow Gross Profit Net Capital Spending Change in Net Working Capital Depreciation

Revenue 49,850 Cash Flow From Assets:
Cost of Goods Sold 24,580 Operating Cash Flow
Gross Profit Net Capital Spending
Change in Net Working Capital
Depreciation 2,050 Cash Flow from Assets:
Selling & Admin. Expenses 18,540
Other Expenses 450 Cash Flow to Creditors:
Operating Income Interest Expense:
Net New Borrowing
Other miscellaneous Losses 350 Cash Flow to Creditors:
Other Income 276
EBIT Cash Flow to Owners:
Dividends (refer to your calculation)
Interest Expense (refer to your calculation) Net new owner contributions
Taxable Income Cash Flow to Owners:
Income Tax Expense (do not round) Total Cash Flow to Investors
Net Income TRUE
Statement of Retained Earnings
Tax rate: 24.0%
Balance @ 12/31/2019
Add: 2020 Net Income Average Total LT Liabilities:
Less: 2020 Dividends paid* Interest rate: 3.8%
Ending Balance 12/31/2020 Interest Expense:

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