Use the data from the following financial statements in the popup window, LOADING... .The company paid interest expense of$17,800for2017and had an overall tax rate of40%for2017.Find the cash flow from assets for2017,and break it into its three parts: operating cash flow, capital spending, and change in net working capital. Partial Income Statement Year Ending 2017 Sales revenue $349,900 Cost of goods sold $141,900 Fixed costs $43,000 Selling, general, and administrative expenses $28,200 Depreciation $45,900 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $15,900 Notes payable $13,800 Accounts receivable $28,200 Accounts payable $19,000 Inventories $47,900 Long-term debt $189,800 Fixed assets $368,000 OWNERS' EQUITY Accumulated depreciation $141,900 Retained earnings Intangible assets $82,200 Common stock $131,800 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $26,100 Notes payable $12,100 Accounts receivable $18,900 Accounts payable $24,200 Inventories $52,900 Long-term debt $162,000 Fixed assets $448,000 OWNERS' EQUITY Accumulated depreciation Retained earnings Intangible assets $82,200 Common stock $182,000 PrintDone

Use the data from the following financial statements in the popup window, LOADING... . The company paid interest expense of $17,800 for 2017 and had an overall tax rate of 40% for 2017. Find the cash...

Use the data from the following financial statements in the popup window,

The company paid interest expense of

$17,800

for

2017

and had an overall tax rate of

40%

for

2017.

Find the cash flow from assets for

2017,

and break it into its three parts: operating cash flow, capital spending, and change in net working capital.

Partial Income Statement Year Ending 2017
Sales revenue	$349,900
Cost of goods sold	$141,900
Fixed costs	$43,000
Selling, general, and administrative expenses	$28,200
Depreciation	$45,900

(Click on the following icon

in order to copy its contents into a spreadsheet.)

(Click on the following icon

in order to copy its contents into a spreadsheet.)

PrintDone

Jun 01, 2022