Question
Using the information below, what is the cash flow from assets? Please submit your answer and upload your handwritten calculations via Blackboard. If any of
Using the information below, what is the cash flow from assets? Please submit your answer and upload your handwritten calculations via Blackboard. If any of these are missing (your answer or the uploaded file) this question won't be graded. Statement of Income Statement of Financial Position 2018 2017 2018 2017 2018 Net sales 1,384 Cash 100 111 Acc payables 400 350 less: CGS 605 Acc Rec 350 425 Notes Payables 390 370 Less Depreciation 20 Invent 440 410 EBIT 759 LTD 500 550 Less: Interest paid 250 NFA 1,556 1,704 Equity Taxable income 509 Common S 600 580 Less: Taxes 156 Retained Earn 556 800 Net income 353 Additions to RE 244 Dividends paid 109 Total Assets 2,446 2,650 2,446 2,650. SHOW ALL CALCULATIONS
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