Business
Business, 10.09.2019 18:20, andreal7915

Cardinal industries had the following operating results for 2018: sales = $34,318; cost of goods sold = $24,212; depreciation expense = $5,997; interest expense = $2,710; dividends paid = $1,996. at the beginning of the year, net fixed assets were $19,940, current assets were $7,054, and current liabilities were $3,992. at the end of the year, net fixed assets were $24,502, current assets were $8,684, and current liabilities were $4,673. the tax rate for 2018 was 22 percent. a. what is net income for 2018? (do not round intermediate calculations.) b. what is the operating cash flow for 2018? (do not round intermediate calculations.) c. what is the cash flow from assets for 2018? (do not round intermediate calculations. a negative answer should be indicated by a minus sign.) d-1. if no new debt was issued during the year, what is the cash flow to creditors? (do not round intermediate calculations.) d-2. if no new debt was issued during the year, what is the cash flow to stockholders? (do not round intermediate calculations. a negative answer should be indicated by a minus sign.)

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 00:10, wolfycatsz74
Which of the following is a problem for the production of public goods?
Answers: 2
image
Business, 22.06.2019 01:00, natalie857123
When color is used on a topographical drawing, black is used to represent what?
Answers: 1
image
Business, 22.06.2019 09:00, aubreyfoster
What should a food worker use to retrieve ice from an ice machine?
Answers: 1
image
Business, 22.06.2019 10:30, khenalilovespandas
Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45
Answers: 1
Do you know the correct answer?
Cardinal industries had the following operating results for 2018: sales = $34,318; cost of goods s...

Questions in other subjects: