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7. (6 pts) Using Computer Inc. financial statements below, calculate a) the operating cash flow and cash flow to stockholders for 2010. Note: For 2010,

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7. (6 pts) Using Computer Inc. financial statements below, calculate a) the operating cash flow and cash flow to stockholders for 2010. Note: For 2010, the annual dividend payment was $212,000. Computer, Inc., Balance Sheet (in thousands) 2010 2009 2010 2009 Current assets Current liabilities Cash and equivalents $ 260 $ 225 Accounts payable $ 2625 245 Marketable securities 30 26 Notes payable 71 66 Accounts receivable 459 428 Accrued expenses 158 257 Inventories 411 425 Total current fiabilities $ 491 5 568 Other 59 50 Total current assets 1,219 $ 1.154 Long-term abilities Deferred taxes $ 2125 103 Fxed assets Long-term debt 756 736 Property, plant, and equipment $ 2,631 $ 2,038 Total long-term liabilities $ 9685 839 Less accumulated depreciation 859 700 Net property, plant, and equipment S 1.772 S 1,338 Stockholders equity Intangible assets and others 508 454 Preferred stock 135 13 Total fixed assets $ 2,280 S 1,792 Common stock 81 80 Pald-in capital in excess of par 509 499 Retained earnings 1,558 1,028 Less treasury stock 121 81 Total equity $ 2,0405 1539 Total fabilities and Total assets 5 3,499 $ 2.946 shareholders equity 3.1995 2.945 $ Income Statement in thousands) Sales Cost of goods sold Selling general , and administrative Depreciation Operating income $ Other income EBIT Interest expense Pretax income $ Taxes Current Deferred Net income 4,844 2.858 543 159 1,284 48 1,332 1.237 495 $ 306 100 742

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