Given the financial statements information above find net


Storm Industries then had the following operating results for 2015:

Sales:                                       30,450

COGS:                                    20,150

Depreciation:                           4,910

Interest expense:                     2,220

Tax rate:                                  34%

Dividends paid:                       1,560

Storm had the following balance sheet readings:

1/1/2015                                              12/31/2015

Current Assets:                                   7,116                                                 7,500

Current Liabilities:                              3,780                                                 4,780

Net Fixed Assets:                                20,160                                                 15,250

Given the financial statements information above, find:

Net Income for 2015

Cash Flow from Assets (CFFA) for 2015

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Financial Management: Given the financial statements information above find net
Reference No:- TGS02631495

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