During 2009 water co had sales of 731000 cost of goods sold


Question: During 2009, Water Co. had sales of $731,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $575,000, $95,000, and $132,000, respectively. In addition, the company had an interest expense of $98,000 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.) Assume Water Co. paid out $20,000 in cash dividends, spending on net fixed assets and net working capital was zero, and no new stock was issued during the year. What is the firm's Cash Flow from Assets? Cash Flow to Shareholders? Cash Flow to Creditors? Net new Long-term Debt?

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Finance Basics: During 2009 water co had sales of 731000 cost of goods sold
Reference No:- TGS02719601

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