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You have been hired to analyze the cash flow from assets for Miracle Inc., a start-up company that recently finalized its end of year 2018

You have been hired to analyze the cash flow from assets for Miracle Inc., a start-up company that recently finalized its end of year 2018 financial statements. Based on the information extracted from the financial statements of the company, answer the questions that follow: Sales 63206/000 Costs $123.000 Depreciation expense 521.900 Interest expense $13,100 Dividends S10,000 New Equity Issued during 2018 4.600 LTD paid back during 2018 $3.100 NWC 2017 $200 NIC2018 $900 Tax rate 35% a. What is the 2018 operating cash flow? (6 points) Did the company retain any carnings? Explain your answer. (3 points) .What is the 2018 cash flow to creditors? (4 points)

d. What is the 2018 cash flow to stockholders? (4 points) What was the addition to NWC? (3 points). What was the Net Capital Spending? (6 points).

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