Question

onsider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES PARROTHEAD ENTERPRISES 2014 and 2015 Partial Balance Sheets 2015 Income Statement Liabilities& Owners Equity Assets 12916 2015 2014 2015 2014 Costs 5036 Current assets Current liabilities 931 932 397 409 Depreciation 1087 Net fixed assets 3546 4414 Long-term debt 2035 2197 Interest 139 If the tax rate is 32 percent, what is the cash flow from assets for the year?

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Home nert Page Layout Formulas Data Review View dd-Ins Cut Σ AutoSum ー E ゴWrap Text ta copy. в 1 프 . Ej-., Δ. : rーー 逻锂函Merge & Center. $, % , 弼,8 C Conditional Format CeInsert Delete Format Formatting, as Table w styles. ▼ ㆆ ▼ Sort &Find & 2 ClearFe Select Edting Format Painter Clipboard CD241 CA Alignment Number Cells Formula Bar CB CD CE CF CG CH CI CK CL 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 1 | | OCF CASH FLOW STATW PARROT come statement SALES COSTS OTHER EXPENSES DEPRECIATION EBIT INTEREST EBT TAX NET INCOME 12916 5036 LESS LESS LESS 1087 6793 139 6654 2129.28 4524.72 LESS LESS OCF = EBIT + DEPRECIATION-TAXES OCF = 6793 + 1087-2129.28 5750.72 Cashflow from assets- OCF - NET CAPITAL SPENDING- NET CHANGE IN WORKING CAPITAL 5520.72 ARM, MSI confidence!NDEX /CURRENCY LOAN CROSS OVER HEDGING MONEY MARKET / GM HPR AM TAX GROWTH SUST PREF AND DIV POLİCY THome nert Page Layout Formulas Data Review View dd-Ins Cut E AutoSum ー E ゴWrap Text ta copy ▼ в 1 프 . Ej-., Δ. : rーー 逻锂函Merge & Center. $, % , 弼,8 C Conditional Format CeInsert Delete Format Formatting as Table Styles2 Clear Sort &Find & Format Painter Clipboard CB271 CA Alignment Number Cells Edting CB CD CE CF CG CH CI CJ CK CL 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 1 | | OCF CASH FLOW STATW Cashflow from assets- OCF - NET CAPITAL SPENDING -NET CHANGE IN WORKING CAPITAL 5750.72-219-11 = 5520.72 NET CAPITAL SPENDINGENDING NET FIXED ASSETS BEGINNING FIXED ASSETS DEPRECIATION 3546-4414 + 1087 219 NET CHANGE IN WORKING CAPITAL CHANGE IN CURRENT ASSETS CHANGE IN CURRENT LAIBILTIES NET CHANGE IN WORKING CAPITAL (-1)-(-12)- CHANGE IN CURRENT ASSETS CHANGE IN CURRENT LIABILITIES- 931 -932 397-409- 12 ANSWER: 5520.72 ROUNDED TO TWO DECIMAL 5521 ROUNDED TO ZERO DECIMAL ARM, MSI confidence!NDEX / CURRENCY LOAN CROSS OVER HEDGING MONEY MARKET GM HPR AM TAX GROWTH SUST PREF AND DIV POLICY T 4s ENG 23-01-2019

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onsider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES PARROTHEAD ENTERPRISES 2014 and 2015...
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