Question
What is the cash flow of the firm, or CF(A), for 2015? Boston, Inc. 2015 Income Statement Net sales 21,000.00 Cost of goods sold 16,000.00
What is the cash flow of the firm, or CF(A), for 2015? Boston, Inc. 2015 Income Statement Net sales 21,000.00 Cost of goods sold 16,000.00 Selling, general, and administrative expenses 1,030.00 Depreciation 1,100.00 Earnings before interest and taxes 2,870.00 Interest 254.00 Pretax income 2,616.00 Taxes 889.44 Net income 1,726.56 Boston, Inc. 2014 and 2015 Balance Sheets 2014 2015 2014 2015 Cash 298 306 Accounts payable 6,219 6,384 Accounts receivable 3,006 3,422 Accrued expenses 1,880 1,625 Inventory 5,210 5,750 Total 8,099 8,009 Total 8,514 9,478 Long-term debt 17,536 20,091 Net fixed assets 32,365 34,600 Owners' equity 15,244 15,978 Total assets 40,879 44,078 Total liabilities and equity 40,879 44,078
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