Question: QUESTION 1 Based on the following information for York Developments Inc., answer the questions below. The tax rate is 40%. 2020 2021 000s 000s Sales

QUESTION 1 Based on the following information for York Developments Inc., answer the questions below. The tax rate is 40%. 2020 2021 000s 000s Sales 4,203 4,507 COGS 2,422 2,633 Depreciation 785 952 Interest expense 180 196 Dividends 225 250 Current Assets 2,205 2,429 Net Fixed Assets 7,344 7,650 Current Liabilities 1,003 1,255 Long Term debt 3,106 2,085 (2 marks) d) Calculate the operating cash flow for 2021. (3 marks) e) What is the capital asset spending for 2021? (2 marks) f) What is the combined cash flow from assets for 2021? (3 marks)

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