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What is the change in the net working capital from 2016 to 2017? What is the cash flow from assets for 2017? What is the
What is the change in the net working capital from 2016 to 2017?
What is the cash flow from assets for 2017?
What is the cash flow to stockholders for 2017?
Consider the following financial statements for Galaga, Inc.: Galaga Inc. 2017 Income Statement Dividends Paid 91,600 Net Sales Less: Cost of Goods sold Less: Depreciation Earnings before int, and taxes Less: Interest paid Taxable income Less: Taxes Net income 745,000 595,000 9,500 140,500 22,400 118,100 24,800 93,300 Galaga Inc. 2016 and 2017 Balance Sheets 2016 Cash Accounts Rec. Inventory Total Current Assets Net Fixed Assets Total 2016 9,100 24,200 104,600 137,900 126,100 264,000 2017 13,200 27,900 106,800 147,900 138,600 286,500 Accounts Payable Long-term debt Common Stock Retained Earnings 71,800 73,400 65,000 53,800 2017 92,500 68,500 70,000 55,500 Total 264,000 286,500Step by Step Solution
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