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What is the cash flow of the firm, or (CF(A)), for 2015? 25.000 14,500 2.200 Norfolk Company 2015 Income Statement Net sales Cost of goods
What is the cash flow of the firm, or (CF(A)), for 2015? 25.000 14,500 2.200 Norfolk Company 2015 Income Statement Net sales Cost of goods sold Seling, general, and administrative expenses Depreciation Earnings before interest and taxes Interest Pretax income Taxes Net income 1600 6.700 320 6,380 515 5,865 Cash Accounts receivable Inventory Current assets 2014 350 3,140 5,210 8,700 Norfolk Company 2014 and 2015 Balance Sheets 2015 370 Accounts payable 3,450 Accrued expenses 5,340 Current liabilities 9,160 Long term debt 2014 6.225 1,880 8,105 17.851 2015 6,184 1,625 7,809 20.291 Net fixed assets Total assets 32,600 41,300 34,700 43,860 Owners' equity Total liabilities and equity 15,344 41,300 15,760 43,860 Depreciation Earnings before interest and taxes Interest Pretax income Taxes Net income 1600 6,700 320 6,380 515 5,865 Cash Accounts receivable Inventory Current assets 2014 350 3,140 5,210 8,700 Norfolk Company 2014 and 2015 Balance Sheets 2015 370 Accounts payable 3,450 Accrued expenses 5,340 Current liabilities 9,160 Long-term debt 2014 6,225 1,880 8,105 17,851 2015 6,184 1.625 7,809 20.291 Net fixed assets Total assets 32,600 41,300 34,700 43.860 Owners' equity Total liabilities and equity 15,344 41,300 15,760 43,860 $4.960 $4,517 $4,102 $3,726 $3,329
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