Question: please use your keyboard . * Current Accounts 2009: CA = 4,400; CL = 1,500 2008: CA = 3,500; CL = 1,200 * Fixed Assets
please use your keyboard
. * Current Accounts
2009: CA = 4,400; CL = 1,500
2008: CA = 3,500; CL = 1,200
* Fixed Assets and Depreciation
2009: NFA = 3,400; 2008:NFA = 3,100
Depreciation Expense = 400
* Long-term Debt and Equity (R.E. not given)
2009: LTD = 4,000; Common stock & APIC = 400
2008: LTD = 3,950; Common stock & APIC = 400
* Income Statement
EBIT = 2,000; Taxes = 300
Interest Expense = 350; Dividends = 500
- What is the Cash Flow from Assets?
- What is the net income?
- What is the operating cash flow for 2009?
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