Question
Use the information below to answer questions 1-3: Balance Sheet 2014 2015 2014 2015 Current assets 914 990 Current liabilities 365 410 Net fixed assets
Use the information below to answer questions 1-3:
Balance Sheet | ||||||
| 2014 | 2015 |
|
| 2014 | 2015 |
Current assets | 914 | 990 |
| Current liabilities | 365 | 410 |
Net fixed assets | 3,767 | 4,536 |
| Long-term debt | 1,991 | 2,117 |
2015 Income Statement | |
Sales | 11,592 |
Costs | 5,405 |
Depreciation | 1,033 |
Interest expense | 294 |
1. What is the operating cash flow (OCF) for 2015? Assume the tax rate is 35 percent.
A. 4,383
B. 4,486
C. 4,860
D. 5,154
E. 6,187
2. In 2015, the company purchased $1,890 in new fixed assets. What is the cash flow from assets for the year?
A. 1,802
B. 1,833
C. 2,550
D. 2,596
E. 2,653
3. During 2015, the company raised $378 in new long-term debt. What is the cash flow to creditors?
A. -84
B. 126
C. 168
D. 294
E. 378
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