Question: Problem 2 - 1 9 Calculating Cash Flows [ LO 2 ] Martinez Industries had the following operating results for 2 0 2 4 :
Problem Calculating Cash Flows LO
Martinez Industries had the following operating results for : Sales $; Cost of goods sold $; Depreciation expense
$; Interest expense $; Dividends paid $ At the beginning of the year, net fixed assets were $ current
assets were $ and current liabilities were $ At the end of the year, net fixed assets were $ current assets were
$ and current liabilities were $ The tax rate for was percent.
a What is net income for
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
b What is the operating cash flow for
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
c What is the cash flow from assets for
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to
the nearest whole number, eg
d If no new debt was issued during the year, what is the cash flow to creditors?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
d If no new debt was issued during the year, what is the cash flow to stockholders?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to
the nearest whole number, eg
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