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VUUN 2 Tumework Save Score: 0 of 10 pts 3 of 15 (2 complete) le HW Score: 7 67%, 767 of 100 p P2-11 (similar
VUUN 2 Tumework Save Score: 0 of 10 pts 3 of 15 (2 complete) le HW Score: 7 67%, 767 of 100 p P2-11 (similar to) E question Help Cash flow from assets. Use the data from the following financial statements in the popup window. The company pold Interest expense of 518,600 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for 2017 and break it into its three parts operating cash flow, capital spending and change in net working capital The operating cash flow is $(Round to the nearest dollar) (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350,100 Cost of goods sold $141,900 Fixed costs $43,200 Selling, general, and administrative expenses $28,100 Depreciation $46,200 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash Accounts receivable $14,000 $18,900 $189,900 Inventories $15,900 Notes payable $28,200 Accounts payable $48,000 Long-term debt $367,800 OWNERS' EQUITY $140,800 Retained earnings $82,000 Common stock Fixed assets Accumulated depreciation Intangible assets $131,800 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash Accounts receivable $12, 100 $24.2001 $162,100 Inventories Fixed assets Accumulated depreciation Intangible assets $26,000 Noles payable $19,200 Accounts payable $53,100 Long-term debt $447,800 OWNERS' EQUITY Retained earnings $82,000 Common stock S181,900
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