Question: 1.Cash flow from operating activities in 2017? 2.Operating profit margin? 3.Return on equity? 4.Net cash provided by operating activities? Problem 19-1 Use the financial statements

1.Cash flow from operating activities in 2017? 2.Operating profit margin? 3.Return on1.Cash flow from operating activities in 2017?

2.Operating profit margin?

3.Return on equity?

4.Net cash provided by operating activities?

Problem 19-1 Use the financial statements of Heifer Sports Inc. to find the information below for Heifer. (Use 365 days a year. Round all answers to 2 decimal places except $ amounts.) Income Statement Sales Cost of goods sold Depreciation Selling & admin. expenses EBIT Interest expense Taxable income Taxes Net income 2017 $ 5,730,000 3,020,000 299, 200 1,602,000 $ 808,800 170,000 $ 638,800 289, 300 $ 349,500 2017 2016 $ 42,600 600,000 445,500 $ 1,088,100 2,861,000 $ 3,949, 100 $ 85,000 1,474,300 1,025,500 $ 2,584,800 6,043,000 $ 8,627,800 Balance Sheet, Year-End Assets Cash Accounts receivable Inventory Total current assets Fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Short-term debt Total current liabilities Long-term bonds Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 316, 400 498,000 $ 814,400 1,854,400 $ 2,668,800 $ 311,700 968, 600 $ 1,280, 300 $ 3,949,100 $ 1,042,000 1,279,500 $ 2,321,500 5,115,500 $ 7,437,000 $ 311,700 879,100 $ 1,190,800 $ 8,627,800

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