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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%

  1. 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

  1. 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

  1. 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

  1. 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

  1. 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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