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signments: 201980-Fall 2019-FINN 3120 Saved napter 2 Homework Assignment6 Check my work mode: This shows what is correct or incorrect for the work you have

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signments: 201980-Fall 2019-FINN 3120 Saved napter 2 Homework Assignment6 Check my work mode: This shows what is correct or incorrect for the work you have completed s 2 Prescott Football Manufacturing had the following operating results for 2019: sales $30,874; cost of goods sold $21,992; depreciation expense expense $614; dividends paid $905. At the beginning of the year, net fixed assets were $20,452, current assets were $1,797, and current liabilities were $5,330. At the end of the year, net fixed assets were $23,287, current assets were $4,601, and current liabilities were $3,301. The tax rate for 2019 was 25 percent $3,610; interest oints a. What is net income for 2019? (Do not round intermediate ca Iculations and round your answer to the nearest whole number, e.g., 32.) b. What is the operating cash flow for 2019? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c. What is the cash flow from assets for 2019? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) d. Assume no new debt was issued during the year. What is the cash flow to creditors for 2019? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) e. Assume no new debt was issued during the year. What is the cash flow to stockholders for 2019? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Answer is complete but not entirely correct. Net income 3,494 a. Operating cash flow b. 7.718 Cash flow from assets $ C. -980 d. Cash flow to creditors Cash flow to stockholders 614 e. -1,574

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