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Your company reported the following for this year: $660,000 in sales, $380,000 in cost of goods sold, $45,200 in interest expense, and operating expenses of
Your company reported the following for this year: $660,000 in sales, $380,000 in cost of goods sold, $45,200 in interest expense, and operating expenses of $113,000 (including $17,500 in depreciation expense). The income tax rate is 35%. During the year, property, plant and equipment (net) grew from $134,000 to $234,000 and net working capital grew from $123,000 to $231,000. The company declared and paid $12,000 in cash dividends to its shareholders during the year and repurchased and retired $23,000 in common shares from its shareholders. Hint: start by calculating net income after tax. REQUIRED: For each of the following calculations, select the correct response: 1. Operating cash flow 2. Cash flow from assets 3. Cash flow to shareholders 4. Cash flow to creditors 1. Operating cash flow 2. Cash flow from ass $140,715 $140,637 $141,870 $138,960 $139,701 3. Cash flow to sharel 4. Cash flow to credit 2. Cash flow from assets $1,890 3. Cash flow to sharehol $(74,815) $(51,910) 4. Cash flow to creditors $(89,780) $(83,630) 3. Cash flow to shareholders $21,000 4. Cash flow to creditors $28,000 $35,000 $37,000 $34,500 4. Cash flow to creditors $(118,630) $(102,865) $(132,557) $(125,726) $(113,439)
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