Question: USE THE DATA IN THE TABLE BELOW TO ANSWER QUESTIONS 1-6 (Assume all account figures are in dollars) 2014 2015 Accounts payable 440 380 Accounts

USE THE DATA IN THE TABLE BELOW TO ANSWER QUESTIONS 1-6

(Assume all account figures are in dollars)

2014

2015

Accounts payable

440

380

Accounts receivable, net

1,810

2,040

Accruals

95

120

Cash

120

100

Capital surplus

1,120

1,290

Common stock

1,000

1,100

Cost of goods sold

6,610

6,420

Depreciation expense

1,550

1,650

Interest expense

140

170

Inventory (end of year)

5,720

5,530

Long-term debt

3,890

4,150

Net fixed assets

7,530

8,050

Net sales

10,750

11,050

Notes payable

800

740

Operating expenses (excluding depreciation)

1,680

1,780

Retained earnings

7,835

7,940

Taxes

250

360

1. This companys operating profit margin (as a percent rounded to 1 decimal place) in 2014 was ________.

2. The total asset turnover ratio for this company in 2015 = _______.

3. ROE for 2015 is _____%.

4. Cash flow from operating activities in 2015 is $ _______.

5. Cash flow from investing activities in 2015 is $ _________.

6. Cash flow from financing activities in 2015 is $ _________.

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