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PLEASE USE EXCEL Jackson Manufacturing had the following operating results for 2019: 2018 2019 Sales $140,500...

PLEASE USE EXCEL

Jackson Manufacturing had the following operating results for 2019:

2018

2019

Sales

$140,500

Cost of Goods Sold

$115,000

Depreciation Expense

$13,470

Interest Expense

$1,520

Dividends Paid

$1,825

Net Fixed Assets

$115,000

$119,000

Current Assets

$12,500

$14,250

Current Liabilities

$10,800

$11,500

Tax Rate

20%

Based Upon the information provided compute the following for the company for 2019:

a. Net Income for 2019

b. Operating Cash Flow for 2019

c. Net Capital Spending for 2019

Assume that there is no new debt issued in 2019, Compute

d. Cashflow to creditors in 2019

e. Cashflow to Stockholders in 2019

f. Net new Equity in 2019.

Expert Solution

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jeff jeffy answered 2 years ago

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