Question
Use the following information for this and the next four questions. You are given the following for TG Inc. for the last year: Sales $26,500
Use the following information for this and the next four questions. You are given the following for TG Inc. for the last year:
Sales | $26,500 |
Cost of goods sold | 18,850 |
Depreciation expense | 2,900 |
Interest expense | 400 |
Selling, general, and administrative expense | 250 |
Dividends paid | 16,000 |
New debt issued | 500 |
Beginning Net fixed assets | $12,400 |
Beginning Current assets | 2,600 |
Beginning Current liabilities | 2,250 |
Ending Net fixed assets | $15,250 |
Ending Current assets | 3,890 |
Ending Current liabilities | 2,650 |
Tax rate | 40% |
- What was its last years net income?
A. 2,610
B. 4,500
C. 5,910
D. (730)
E. (100)
F. 2,460
0.86 points
QUESTION 6
-
What was the TG Inc.s operating cash flow last year?
A. 8,350
B. (730)
C. 7,400
D. (100)
E. 5,760
F. 2,610
0.86 points
QUESTION 7
-
What was the TG Inc.s cash flow from assets last year?
A. (780)
B. (880)
C. (100)
D. 5,750
E. 5,910
F. 2,610
0.86 points
QUESTION 8
-
What was the TG Inc.s cash flow to creditors last year?
A. 5,910
B. 5,750
C. (780)
D. (100)
E. 2,610
F. (880)
0.86 points
QUESTION 9
-
What was the TG Inc.s cash flow to stockholders?
A. (100)
B. 5,750
C. (880)
D. 2,610
E. (780)
F. 5,910
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