General Therapeutics Co.’s Revenue in 2018 was $55,000 while its cost of goods sold was $42,000;...

General Therapeutics Co.’s Revenue in 2018 was $55,000 while its cost of goods sold was $42,000; the company paid $600 in interest while value for depreciation was $6,000.

Also, for 2018 net fixed assets were $25,000 while its current assets were $8,000 and current liabilities were $5,000.

These are the values for 2017: net fixed assets = $19,500, current assets = $6,800 and current liabilities = $4,500. The tax rate is 35%.

1. What is net income for 2018?

2. What is the operating cash flow for 2018?

3. What is the cash flow from assets for 2018? How do you interpret this result?

4. What is the cash flow to shareholders?

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ekkarill92 answered 2 years ago

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General Therapeutics Co.’s Revenue in 2018 was $55,000 while its cost of goods sold was $42,000;...

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