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
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