What is cash flow to stockholders and operating cash flow

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Reference no: EM131625424

Quarles Industries had the following operating results for 2015: sales = $28,260; cost of goods sold = $19,410; depreciation expense = $4,980; interest expense = $2,340; devidends paid = $1,100. At the beginning of the year, net fixed assets were $16,830, current assets were $5,790, and current assets were $7,116, and current liabilities were $3,870. The tax rate for 2015 was 30 percent.

a) What is net income for 2015?

b) What is the operating cash flow for 2015?

c) What is the cash flow from assets for 2015?

d-1) If no new debt was issued during the year, what is the cash flow to creditors?

d-2) If no new debt was issued during the year, what is the cash flow to stockholders?

Reference no: EM131625424

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