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Use the information below to compute the Cash Flow from Assets (2 points per step) and Financial Ratios (2 points per step). (Total 18 points)

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Use the information below to compute the Cash Flow from Assets (2 points per step) and Financial Ratios (2 points per step). (Total 18 points) 2016 2015 Balance Sheet: Current Assets $ 5,000 $ 7,000 Current Liabilities 2,000 4,500 Net Fixed Assets 10,000 8,000 Long-Term Debt 11,000 9,500 Common Stock 7,500 7,400 Income Statement/Other: Depreciation Expense $1,000 EBIT 4,000 Interest Expense 2,000 Taxes 500 Net Income 1,500 80 000 000 F4 . F3 II FS F6 F7 FB FO # $ * 1 % & C EBIT 4,000 Interest Expense 2,000 Taxes 500 Net Income 1,500 Dividends 600 Calculate the following Cash Flow from Assets Questions: 1. Operating Cash Flow 2. Net Capital Spending 3. Changes in Net Working Capital 4. Cash Flow from Assets 5. Cash Flow to Creditors 6. Cash Flow to Stockholders Calculate the following Ratios: 7. Current Ratio for 2016 8. Times Interest Earned for 2016 9. Return on Assets for 2016

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