Details of this Paper

TG Inc.

Description

solution


Question

You are given the following for TG Inc. for the last year;Sales;$ 26,500;Cost of goods sold;18,850;Depreciation expense;2,900;Interest expense;400;Dividends paid;16,000;New debt issued;500;Beginning Net fixed assets;$ 12,400;Beginning Current assets;2,600;Beginning Current liabilities;2,250;Ending Net fixed assets;$ 15,250;Ending Current assets;3,890;Ending Current liabilities;2,650;Tax rate;40%;Questions;Assuming G&A is zero, what was its last year?s net income?;What was the TG Inc.?s operating cash flow last year?;What was the TG Inc.?s cash flow from assets last year?;What was the TG Inc.?s cash flow to creditors last year?;What was the TG Inc.?s cash flow to stockholders?

 

Paper#78615 | Written in 18-Jul-2015

Price : $22
SiteLock