Calculating Cash Flows: Titan Football Manufacturing

Question # 00101298 Posted By: kimwood Updated on: 09/06/2015 06:05 PM Due on: 10/06/2015
Subject Business Topic General Business Tutorials:
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Calculating Cash Flows: Titan Football Manufacturing has the following operating results for 2014: Sales= $23,730; cost of goods sold= $16,780; depreciation expense= $2,840; interest expense= $414; dividends paid= $616. At the beginning of the year, net fixed assets were $16,560, current assets were $2,940, and current liabilities were $2,592. At the end of the year, net fixed assets were $18,840, current assets were $3,528, and current liabilities were$2,484. The tax rate for 2014 was 35 percent.

  • What is the net income for 2014?
  • What is the operating cash flow for 2014?
  • What is the cash flow from assets for 2014? Is this possible? Explain.
  • If no new debt was issues during the year, what is the cash flow to creditors? What is the cash flow to stockholders? Explain and interpret the positive and negative signs of your answers in (a) through (d)
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  1. Tutorial # 00095680 Posted By: kimwood Posted on: 09/06/2015 06:05 PM
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    interest expense= $414; dividends paid= $616. At ...
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