How much did the company raise in form of net new equity

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Titan Football Manufacturing had the following operating results for 2013: sales = $19,780; cost of goods sold = $13,980; depreciation expense = $2,370; interest expense = $345; dividends paid = $550. At the beginning of the year, net fixed assets were $13,800, current assets were $2,940, current liabilities were $2,070, and long-term debt was $4,170. At the end of the year, net fixed assets were $16,340, current assets were $3,280, current liabilities were $2,160, and long-term debt was $4,450. The tax rate for 2013 was 35 percent.

How much did the company raise in the form of net new equity during 2013?

A -$1,134.33

B $1,724.00

C $1,054.75

D -$1,345.25

E $6,781.45

What is the cash flow from assets during 2013?

A -$ 688.25

B -$ 809.00

C $ 688.00

D $4,572.65

E -$ 439.74

Reference no: EM131959566

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