Cusic Industries had the following operating results for 2019: sales = $33,712; cost of goods sold...

Cusic Industries had the following operating results for 2019: sales = $33,712; cost of goods sold = $23,918; depreciation expense = $5,937; interest expense = $2,680; dividends paid = $1,942. At the beginning of the year, net fixed assets were $19,880, current assets were $7,012, and current liabilities were $3,956. At the end of the year, net fixed assets were $24,448, current assets were $8,648, and current liabilities were $4,619. The tax rate was 21 percent. a. What is net income for 2019? (Do not round intermediate calculations.) b. What is the operating cash flow for 2019? (Do not round intermediate calculations.) c. What is the cash flow from assets for 2019? d. If no new debt was issued during the year, what is the cash flow to creditors? (Do not round intermediate calculations.) e. If no new debt was issued during the year, what is the cash flow to stockholders?

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jeff jeffy answered 6 months ago

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