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21. Calculating Cash Flow (LO2) Narticoke Industries had the following operating results for 2018 sales $22,800 cost of goods sold = $16,050; depreciation expense = $4,050; interest expense = $1.830. dividends paid = $1,300 At the beginning of the year. net assets were $13.650, current assets were $4.800, and current liabilities were 52.700. At the end of the year, net fixed assets were $ 16,800, curretit assets were 55.930, and current liabilities were $3.150. The tax rate for 2018 was 345 What is net income for 2018? What is the operating cash flow for 2018? c. What is the cash flow from assets for 2018? Is this possible? Explain. . If no new debt was issued during the year, what is the cash flow to creditors? What is the cash flow to shareholderst Explain and interpret the positive and negative signs of your answers in (a) through (d)
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