Question: 7. (6 pts) Using Computer Inc. financial statements below, calculate a) the operating cash flow and cash flow to stockholders for 2010. Note: For 2010,

 7. (6 pts) Using Computer Inc. financial statements below, calculate a)

7. (6 pts) Using Computer Inc. financial statements below, calculate a) the operating cash flow and cash flow to stockholders for 2010. Note: For 2010, the annual dividend payment was $212,000. Computer, Inc., Balance Sheet (in thousands) 2010 2009 2010 2009 Current assets Current liabilities Cash and equivalents $ 260 $ 225 Accounts payable $ 2625 245 Marketable securities 30 26 Notes payable 71 66 Accounts receivable 459 428 Accrued expenses 158 257 Inventories 411 425 Total current fiabilities $ 491 5 568 Other 59 50 Total current assets 1,219 $ 1.154 Long-term abilities Deferred taxes $ 2125 103 Fxed assets Long-term debt 756 736 Property, plant, and equipment $ 2,631 $ 2,038 Total long-term liabilities $ 9685 839 Less accumulated depreciation 859 700 Net property, plant, and equipment S 1.772 S 1,338 Stockholders equity Intangible assets and others 508 454 Preferred stock 135 13 Total fixed assets $ 2,280 S 1,792 Common stock 81 80 Pald-in capital in excess of par 509 499 Retained earnings 1,558 1,028 Less treasury stock 121 81 Total equity $ 2,0405 1539 Total fabilities and Total assets 5 3,499 $ 2.946 shareholders equity 3.1995 2.945 $ Income Statement in thousands) Sales Cost of goods sold Selling general , and administrative Depreciation Operating income $ Other income EBIT Interest expense Pretax income $ Taxes Current Deferred Net income 4,844 2.858 543 159 1,284 48 1,332 1.237 495 $ 306 100 742

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