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Sales:                                       27,360

COGS:                                     19,260

Depreciation:                           4,860

Interest expense:                     2,190

Tax rate:                                  34%

Dividends paid:                      1,560

Storm had the following balance sheet readings:

1/1/2014                                              12/31/2014

Current Assets:                         5,760                                                 7,116

Current Liabilities:                3,240                                                 3,780

Net Fixed Assets:                      16,380                                                 20,160

Given the financial statements information above, find:

1. Net Income for 2014

2. Operating Cash Flow (OCF) for 2014

3. Cash Flow from Assets (CFFA) for 2014

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92657289

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