Question: Using the information below to calculate the cash flow from assets (CFFA) and each component of the CFFA, and the cash flow to creditors and

Using the information below to calculate the cash flow from assets (CFFA)Using the information below to calculate the cash flow from assets (CFFA) and each component of the CFFA, and the cash flow to creditors and cash flow to stockholders in the year of 2019.

Balance Sheet
Income Statement 2018 2019 2018 2019 2018 2019
Cash $250 $313 Accounts Payable $517 $951
Sales $5,831 $6,423 Accounts Receivable 1,092 1,162 Notes Payable 200 100
COGS 3,670 4,109 Inventory 1,495 1,521
Depreciation 125 122 Current Assets 2,837 2,996 Current Liabilities 717 1051
EBIT 2,036 2,192 Long term Debt 2,400 1,100
Interest Expense 291 280 Net Fixed Assets 4,006 4,123 Total Liabilities 3,117 2,151
Tax Income 1,745 1912 Common Stock 1,900 2,100
Taxes 590 670 Retained Earnings 1,826 2,868
Net Income 1,155 1,242 Total Assets $6,843 $7,119 Total Liab. & Eq. $6,843

$7,119

Operating Cash Flow EBIT Add: Depreciation Less: Taxes OCF $ 2,192.0 122.0 670.0 $ 1,644.0 Net Capital Spending Ending Net Fixed Assets Less Beginning Net Fixed Assets Add Depreciation Net Capital Spending $ 4,123.0 4,006.0 122.0 $ 239.0 Change in Net Working Capital Ending Net Working Capital Beginning Net Working Capital Change in Net Working Capital $ 1,945.0 2,120.0 $ (175.0) Cash Flow from Assets Cash Flow to Creditors Interest Expense Net New Borrowing Cash Flow to Creditors $ 280.0 (1,300.0) $ 1,580.0 Cash Flow to Stockholders Dividends Paid Net New Equity Raised Cash Flow to Stockholders 200.0 Total Cash Flow to Creditors & Stockholders

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