Question: Question c please, why is the cfa for 12 possible? Pls explain reasoning. Thx PROBLEM 1.7 NyamNyam Industries had the following operating results for 2017:

 Question c please, why is the cfa for 12 possible? Pls

Question c please, why is the cfa for 12 possible? Pls explain reasoning. Thx

PROBLEM 1.7 NyamNyam Industries had the following operating results for 2017: Sales $25.800; COGS $16.200; Depreciation expense $4.500; interest expense $1.900; dividends paid $1.500. At the beginning of the year, net fixed assets were $13.800, current assets were $4.700, and current liabilities were $3.200. At the end of the year, net fixed assets were $16.900 current assets were $6.300, and current liabilities were $4.250. The tax rate for 2017 was 34%. What is Nyam Nyam's net income for 2017? What is its operating cash flow for 2017? What is its cash flow from assets for 2017? Is this possible? Explain

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