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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)

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)

2018

2017

Balance Sheet:

Current Assets

Current Liabilities

Net Fixed Assets

Long-Term Debt

Common Stock

Income Statement/Other:

Depreciation Expense

EBIT

Interest Expense

Taxes

Net Income

Dividends

$ 5,000

2,000

10,000

11,000

7,500

$ 1,000

4,000

2,000

500

1,500

600

$ 7,000

4,500

8,000

9,500

7,400

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 2018

8. Times Interest Earned for 2018

9. Return on Assets for 2018

Please show all work!

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