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Whistler Ski Resorts Inc. had the following operating results for 2018: sales $30,300; cost of goods sold $20,210; depreciation expense $5,620; interest expense =
Whistler Ski Resorts Inc. had the following operating results for 2018: sales $30,300; cost of goods sold $20,210; depreciation expense $5,620; interest expense = $3,090; dividends paid $1,900. At the beginning of the year, net fixed assets were $17,330, current assets were $5,950, and current liabilities were $3,550. At the end of the year, net fixed assets were $21.110, current assets were $7,030, and current liabilities were $4,090. The tax rate for 2018 was 30 %. a. What is net income for 2018? (Negative answers should be indicated by a minus sign. Omit $ sign in your response.) Net income b. What is the operating cash flow for 2018? (Negative answers should be indicated by a minus sign. Omit $ sign in your response.) Operating cash flow c. What is the cash flow from assets for 2018? (Negative answer should be indicated by a minus sign. Omit $ sign in your response.) Cash flow from assets $ d. If no new debt was issued during the year, what is the cash flow to creditors? What is the cash flow to shareholders? (Negative answers should be indicated by a minus sign. Omit $ sign in your response.) Cash flow to creditors Cash flow to shareholders
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