Operating cash flow $
6 . Please use excel sheet in case the values changes
Sankey , Inc ., has current assets of $ 4,500 , net fixed assets of $ 23,500 , current liabilities of $ 2,750 , and long-term debt of $ 12,900 . ( Do not round intermediate calculations .)
What is the value of the shareholders ' equity account for this firm ? Shareholders ' equity $ How much is net working capital ? Net working capital $ 7 . Please use excel sheet in case the values changes
Shelton , Inc ., has sales of $ 396,000 , costs of $ 184,000 , depreciation expense of $ 49,000 , interest expense of $ 30,000 , and a tax rate of 35 percent . ( Do not round intermediate calculations .)
What is the net income for the firm ?
Suppose the company paid out $ 39,000 in cash dividends . What is the addition to retained earnings ?
8 . Please use excel sheet in case the values changes
During the year , the Senbet Discount Tire Company had gross sales of $ 1.12 million . The firm ’ s cost of goods sold and selling expenses were $ 531,000 and $ 221,000 , respectively . The firm also had notes payable of $ 860,000 . These notes carried an interest rate of 6 percent . Depreciation was $ 136,000 . The firm ’ s tax rate was 40 percent .
a . What was the firm ’ s net income ? ( Do not round intermediate calculations . Enter your answer in dollars , not millions of dollars , e . g ., 1,234,567 . Round your answer to the nearest whole number , e . g ., 32 .)