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Use the following information for Monsoon Inc. (assume the tax rate is 34%): Year 2019 Year 2020 Sales 18,517 20,698 Depreciation 2,658 2,778 Cost of

Use the following information for Monsoon Inc. (assume the tax rate is 34%):

Year 2019 Year 2020

Sales 18,517 20,698

Depreciation 2,658 2,778

Cost of goods sold 6,366 7,531

Other expenses 1,514 1,318

Interest 1,242 1,482

Cash 9,707 10,346

Retained Earnings 59,835 62,347

Accounts receivables 12,854 15,083

Short term notes payable 1,874 1,835

Long- term debt 32,512 39,514

Net Fixed assets 81,421 86,837

Accounts payable 7,014 7,430

Common shares 25,600 25,600

Inventory 22,853 24,461

Calculate the Operating Cash Flow for 2020, (Negative amounts should be indicated by a minus sign. Do not round the intermediate calculations. Round the final answers to 2 decimal places.Omit $ sign and any commas in your response).

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2.

Use the information for Monsoon Inc. to calculate the net capital spending for 2020. (Negative amounts should be indicated by a minus sign. Do not round the intermediate calculations. Round the final answers to 2 decimal places.Omit $ sign and any commas in your response).

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3.

Use the information for Monsoon Inc. to calculate the change in net working capital (NWC). (Negative amounts should be indicated by a minus sign. Do not round the intermediate calculations. Round the final answers to 2 decimal places.Omit $ sign and any commas in your response).

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4.

Use the information for Monsoon Inc. to calculate the cash flow from assets for 2020. (Negative amounts should be indicated by a minus sign. Do not round the intermediate calculations. Round the final answers to 2 decimal places.Omit $ sign in your response).

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5.

Use the information for Monsoon Inc. to calculate the cash flow to creditors for 2020. (Negative amounts should be indicated by a minus sign. Do not round the intermediate calculations. Round the final answers to 2 decimal places.Omit $ sign and any commas in your response.)

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6.

Use the information for Monsoon Inc. to calculate the cash flow to shareholders for 2020. (Negative amounts should be indicated by a minus sign. Do not round the intermediate calculations. Round the final answers to 2 decimal places.Omit $ sign and any commas in your response.)

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