At the end of the year net fixed assets were 21140 current


Titan Football Manufacturing had the following operating results for 2014: sales = $19,860; cost of goods sold = $13,900; depreciation expense = $2,290; interest expense = $305; dividends paid = $630. At the beginning of the year, net fixed assets were $17,800, current assets were $3,020, and current liabilities were $1,990. At the end of the year, net fixed assets were $21,140, current assets were $3,440, and current liabilities were $2,080. The tax rate for 2014 was 35 percent

What is net income for 2014?

What is the operating cash flow during 2014?

Assume no new debt was issued during the year.

What is the cash flow to creditors during 2014?

What is the cash flow to stockholders during 2014?

 

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Finance Basics: At the end of the year net fixed assets were 21140 current
Reference No:- TGS0610238

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