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IGNORE EVERYTHING BELOW THIS NOTICE. Use the information below to answer the fol

ID: 2373151 • Letter: I

Question


IGNORE EVERYTHING BELOW THIS NOTICE.



Use

the information below to answer the following questions:








2007

2008










Sales

$4,300

4500










Depreciation

750

950










COGS

2422

2633










Interest

180

196










Cash

200

400










Acct Rec

200

300










Notes Pay

100

150










Long-term Debt

2956

1835










Inventory

8000

9500










Acct. Pay

50

100










Dividends

1800

1700










Tax rate

225

250











35%

35%






















List the

current assets and current liabilities for 2007 and 2008. What is the net

working capital for 2008?



What is the

cash flow from investing activities?










Use the information below to answer the following questions: 2007 2008 Sales $4,300 4500 Depreciation 750 950 COGS 2422 2633 Interest 180 196 Cash 200 400 Acct Rec 200 300 Notes Pay 100 150 Long-term Debt 2956 1835 Net Fixed Assets 8000 9500 Accts pay 50 100 Inventory 1800 1700 Dividends 225 250 Tax Rate 35% 35% List the current assets and current liabilities for 2007 and 2008. What is the net working capital for 2008? What is the cash flow from investing activities?

Explanation / Answer

2007