In: Finance
Titan Football Manufacturing had the following operating results for 2016: sales = $19,810; cost of goods sold = $13,950; depreciation expense = $2,340; interest expense = $330; dividends paid = $580. At the beginning of the year, net fixed assets were $15,300, current assets were $2,970, and current liabilities were $2,040. At the end of the year, net fixed assets were $18,140, current assets were $3,340, and current liabilities were $2,130. The tax rate for 2016 was 30 percent. What is the operating cash flow? Cash flow from assets? Cash flow to creditors? and Cash flow to stockholders? Net income?