Prepare an income statement for the year-operating cash flow

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Reference no: EM131584426

Samah Group Industries had the following operating results for 2016:

Sales 45,600; Cost of goods sold: 32100; Depreciation expenses 8100; interest expenses 3660; dividends paid 1,300. At the beginning of the year, net fixed assets were 27250; current assets were 9600; and current liabilities were 5,400. At the end of the year, net fixed assets were 33,600, current assets were 10860, and current liabilities were 6300. The tax rate for 2016 was 34%.

Prepare an income statement for the year 2016.

Calculate the operating cash flow (OCF) for 2016.

Calculate the cash flow from assets for 2016?

If no new debt was issued during the year, what is the cash flow to stockholders?

Reference no: EM131584426

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