Cardinal industries had the following operating results for 2018: sales = $33,409; cost of goods sold = $23,771; depreciation expense = $5,907; interest expense = $2,665; dividends paid = $1,915. at the beginning of the year, net fixed assets were $19,850, current assets were $6,991, and current liabilities were $3,938. at the end of the year, net fixed assets were $24,421, current assets were $8,630, and current liabilities were $4,592. the tax rate for 2018 was 23 percent. a. what is net income for 2018? b. what is the operating cash flow for 2018? c. what is the cash flow from assets for 2018? d. if no new debt was issued during the year, what is the cash flow to creditors? e. if no new debt was issued during the year, what is the cash flow to stockholders?

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

An instance where sellers should work to keep relationships with customers is when they instance where selllars should work to keep relationships with customers is when they feel that the product

Which of the following best explains the purpose of a strike? a. to pressure employers to increase the minimum wage. b. to make sure that producers don't make any profit. c. to get employers to submit to collective bargaining. d. to prevent employers from taking industrial action.