The following Information has been extracted from the financial statements of a company. Net income in 2316
Question:
The following Information has been extracted from the financial statements of a company.
Net income in 2316 = $3,000
Annual depredation in 2016 = $1,000
Interests in 2016= $500
Working capital in 2015 = $3200
Working capital in 2C16 = $4,000
Net Fixed assets In 2015 = $80,000
Cumulative depreciation in 2015 = $10,000
Gross fixed assets In 2016 = $80,000
There is no other long-term assets In the balance sheets of 2015 and 2016.
1. What Is the Operating Cash Flow (OCR) for 2016?
2. What is the Net capital spending (NCS) for 2016?
3. What is the change in Net Working Capital (NWC) for 2016?
4. What is the Cash Flow from Assets (CFFA) for 2016?
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett