Question: Problem 2 - 1 9 Calculating Cash Flows Martinez Industries had the following operating results for 2 0 2 1 : Sales = $ 3
Problem Calculating Cash Flows
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 was percent.
a What is net income for Do not round intermediate calculations and round your answer to the nearest whole number, eg
b What is the operating cash flow for Do not round intermediate calculations and round your answer to the nearest whole number, eg
c What is the cash flow from assets for 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? 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 stockhoiders? 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
tablea Net income,b Operating cash flow,c Cash flow from assets,d Cash flow to creditors,d Cash flow to stockholders,
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