Question

Consider the following financial statements for Galaga, Inc.: Galaga Inc. 2017 Income Statement Dividends Paid 91,600 Net Sales Less: Cost of Goods sold Less: Depreciation Earnings before int, and taxes Less: Interest paid Taxable income Less: Taxes Net income 745,000 595,000 9,500 140,500 22,400 118,100 24,800 93,300 Galaga Inc. 2016 and 2017 Balance Sheets 2016 Cash Accounts Rec. Inventory Total Current Assets Net Fixed Assets Total 2016 9,100 24,200 104,600 137,900 126,100 264,000 2017 13,200 27,900 106,800 147,900 138,600 286,500 Accounts Payable Long-term debt Common Stock Retained Earnings 71,800 73,400 65,000 53,800 2017 92,500 68,500 70,000 55,500 Total 264,000 286,500

What is the change in the net working capital from 2016 to 2017?

What is the cash flow from assets for 2017?

What is the cash flow to stockholders for 2017?

Answer 1

1			2016	2017
	Total Current Assets	137,900	147,900
	Less : Total Current Liabilities
	Accounts Payable	71,800	92,500
	Net Working Capital	66,100	55,400
	Change in Net Working Capital	-10,700
2
	Net Income		93,300
	Add : Depreciation		9,500
	Cash Flow from Assets 2017		102,800
3
	Cash Flow to Stock Holders 2017	91,600
	Dividends Paid