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Cash flow from assets. Use the data from the following financial statements in the popup window. The company paid interest expens of $18,000 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for 2017, and break it into its three parts: operating cash flow, capital spending, and change in net working capital. The operating cash flow is $ (Round to the nearest dollar.) The capital spending is $ (Round to the nearest dollar.) The change in net working capital is $ (Round to the nearest dollar.) The cash flow from assets is $ (Round to the nearest dollar)

Cash flow from assets. Use the data from the following financial statements in the popup window. The company paid interest expens of $18,000 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for 2017, and break it into its three parts: operating cash flow, capital spending, and change in net working capital. The operating cash flow is $ (Round to the nearest dollar.) The capital spending is $ (Round to the nearest dollar.) The change in net working capital is $ (Round to the nearest dollar.) The cash flow from assets is $ (Round to the nearest dollar)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Pls help all parts , table is attached 

Cash flow from assets. Use the data from the following financial statements in the popup window. The company paid interest expense of $18,000 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for 2017, and break it into its three parts: operating cash flow, capital spending, and change in net working capital. The operating cash flow is $ (Round to the nearest dollar.) The capital spending is $ (Round to the nearest dollar.) The change in net working capital is $. (Round to the nearest dollar.) The cash flow from assets is $. (Round to the nearest dollar.)
Transcribed Image Text:Cash flow from assets. Use the data from the following financial statements in the popup window. The company paid interest expense of $18,000 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for 2017, and break it into its three parts: operating cash flow, capital spending, and change in net working capital. The operating cash flow is $ (Round to the nearest dollar.) The capital spending is $ (Round to the nearest dollar.) The change in net working capital is $. (Round to the nearest dollar.) The cash flow from assets is $. (Round to the nearest dollar.)
(Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 LIABILITIES ASSETS Cash Accounts receivable Inventories Fixed assets Sales revenue Cost of goods sold Fixed costs Selling, general, and administrative expenses Depreciation Accumulated depreciation Cash Accounts receivable Inventories Fixed assets Accumulated depreciation Intangible assets ASSETS Cash Accounts receivable Inventories $16.000 Notes payable i $28,000 Accounts payable $48,000 Long-term debt $368,000 OWNERS' EQUITY $142,000 Retained earnings (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 LIABILITIES Fixed assets Accumulated depreciation Intangible assets $16,000 Notes payable $28,000 Accounts payable $48,000 Long-term debt $368,000 OWNERS' EQUITY $142,000 Retained earnings $82,000 Common stock $26,000 Notes payable $19,000 Accounts payable $53,000 Long-term debt i $448,000 OWNERS'EQUITY Retained earnings $82,000 Common stock Print Done $350,000 $140,000 $43,000 $28,000 $46,000 $14,000 $19,000 $190,000 $14,000 $19,000 $190,000 $130,000 $12,000 $24,000 $162,000 $180,000 d interest expe ts three parts: ubm Hintere ts three
Transcribed Image Text:(Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 LIABILITIES ASSETS Cash Accounts receivable Inventories Fixed assets Sales revenue Cost of goods sold Fixed costs Selling, general, and administrative expenses Depreciation Accumulated depreciation Cash Accounts receivable Inventories Fixed assets Accumulated depreciation Intangible assets ASSETS Cash Accounts receivable Inventories $16.000 Notes payable i $28,000 Accounts payable $48,000 Long-term debt $368,000 OWNERS' EQUITY $142,000 Retained earnings (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 LIABILITIES Fixed assets Accumulated depreciation Intangible assets $16,000 Notes payable $28,000 Accounts payable $48,000 Long-term debt $368,000 OWNERS' EQUITY $142,000 Retained earnings $82,000 Common stock $26,000 Notes payable $19,000 Accounts payable $53,000 Long-term debt i $448,000 OWNERS'EQUITY Retained earnings $82,000 Common stock Print Done $350,000 $140,000 $43,000 $28,000 $46,000 $14,000 $19,000 $190,000 $14,000 $19,000 $190,000 $130,000 $12,000 $24,000 $162,000 $180,000 d interest expe ts three parts: ubm Hintere ts three
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