Reference no: EM133030950
Question - The following information is taken from Lillo's Incorporated last year's financial statements:
Operating income = $5 million
Interest expense = 20% of EBIT
Corporate tax = 40%
Net Depreciation expense = $1 million
Total assets = $29 million
Net fixed assets = $15 million
Accounts payable = $3 million
Notes payable = $5 million
Accruals = $1 million
Required -
1. What is Lillo's Inc. net income or a net loss?
2. What is the company's net operating profit after tax?
3. What's the company's net cash flow?
4. What is the company's operating cash flow?