Question

Question3 5 pts Consider the following information from Snuggie Corp.'s most recent Income Statement. Net Sales were $989, Operating Costs (excluding depreciation) were $203, and Depreciation and Amortization Expense was $161. The firm's Interest Expense for the year was $75, and the firm's marginal tax rate is 35%. The firm's Or ating Cash Flow for the year is $ . Margin of error for correct responses: /-5.0 Round your answer to 2 decimal places (example: if your answer is 546.345 you should enter 546.35). Note: If your final answer is negative, be sure to enter a negative sign with your response. Question 4 5 pts Schnucki Corp's. Operating Cash Flow for 2011 was $1770 and its Depreciation Expense for 2011 was $252. On 12/31/10 the balance in the Net Fixed Assets account was $762, and on 12/31/11 it was $911. Net Working Capital decreased by $123 during 2011. Schnucki's Cash Flow from Assets was $ . Note: If your final answer is negative, be sure to enter a negative sign with your response.

Answer 1

answer 1
	Operating cash flow
	Sales	989
	Less Cost	203
	Less depreciation	161
	Less Interest	75
	Net income	550
	Tax @ 35%	192.5
	Profit after tax	357.5
	Operating cash flow	593.5
	Profit after tax + depreciation + interest
answer 2
	Operating cash flow =	1770
	Net Capital spend =
	=911-762+252	-401
	Net working capital	123
	Cash flow from asset	1492