You have the following income statement and balance sheet information for RaceCar Inc. IS for 2018...

  

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You have the following income statement and balance sheet information for RaceCar Inc. IS for 2018 BS for 2017 Sales COGS Dep EBIT INT ΤΙ Taxes NI 2,400 (1,200) (240) 960 (120) 840 (252) 588 488 100 CA NPPE ΤΑ CA NPPE ΤΑ DIV ARE a. Show how to calculate the cash flow from assets 1,200 CL 2,400 LTD 3,600 CS RE TL BS for 2018 1,440 CL 2,520 LTD 3,960 CS RE TL 600 1,000 900 1,100 3,600 680 1,080 1,000 1,200 3,960 b. Show how to calculate the cash flow to creditors c. Show how to calculate the cash flow to stockholders d. Show that your results for a, b, and c are consistent with the cash flow identity You have the following income statement and balance sheet information for RaceCar Inc. IS for 2018 BS for 2017 Sales COGS Dep EBIT INT ΤΙ Taxes NI 2,400 (1,200) (240) 960 (120) 840 (252) 588 488 100 CA NPPE ΤΑ CA NPPE ΤΑ DIV ARE a. Show how to calculate the cash flow from assets 1,200 CL 2,400 LTD 3,600 CS RE TL BS for 2018 1,440 CL 2,520 LTD 3,960 CS RE TL 600 1,000 900 1,100 3,600 680 1,080 1,000 1,200 3,960 b. Show how to calculate the cash flow to creditors c. Show how to calculate the cash flow to stockholders d. Show that your results for a, b, and c are consistent with the cash flow identity

Answer rating: 100% (QA)

a Cash Flow from Assets Cash Flow from Assets Net Income Depreciation ... View the full answer