Use the information below to compute the Cash Flow from Assets: 2016 2015 Balance Sheet: Current Assets $4,571 $6,027 Current Liabilities 1,532 4,194 Net Fixed Assets 9,907 8,821 Long-Term Debt 10,650 9,800 Common Stock 7,500 7,000 Income Statement/Other: Depreciation Expense $822 EBIT 3,255 Interest Expense 1,158 Taxes 555 Net Income 1,374 Dividends 600 Calculate the following Cash Flow from Assets: 1. Operating Cash Flow 2. Net Capital Spending 3. Changes in Net Working Capital 4. Cash Flow from Assets

Use the information below to compute the Cash Flow from Assets: 2016 2015 Balance Sheet: Current Assets $4,571 $6,027 Current Liabilities 1,532 4,194 Net Fixed Assets 9,907 8,821 Long-Term Debt 10,650 9,800 Common Stock 7,500 7,000 Income Statement/Other: Depreciation Expense $822 EBIT 3,255 Interest Expense 1,158 Taxes 555 Net Income 1,374 Dividends 600 Calculate the following Cash Flow from Assets: 1. Operating Cash Flow 2. Net Capital Spending 3. Changes in Net Working Capital 4. Cash Flow from Assets

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter12: The Statement Of Cash Flows

Section: Chapter Questions

Problem 12.8E

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How to calculate Net Operating Asset from this balance sheet for fiscal year-end 2015 .
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calculate cash flow from assets if given year 1: sales=9402, depreciation=1350, costs of good sold=3235, administrative expenses=767, interest expenses=630, cash=4931, accounts receivable=6527, short term notes payable=953, long term debt=16152, net fixed assets=41346, accounts payable=5179, inventory=11604, and dividends=1147 and given year 2: sales=10091, depreciation=1351, costs of good sold=3672, administrative expenses=641, interest expenses=724, cash=6244, accounts receivable=7352, short term notes payable=895, long term debt=19260, net fixed assets=42332, accounts payable=5022, inventory=11926, and dividends=1261 and tax rate is 34%
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