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# Tyler, Inc., has sales of \$526,000, costs of \$290,000, depreciation expense of \$36,000, interest expense of \$18,000, and a tax rate of 38 percent....

Tyler, Inc., has sales of \$526,000, costs of \$290,000, depreciation expense of \$36,000, interest expense of \$18,000, and a tax rate of 38 percent. (Do not include the dollar sign (\$).)

The net income for this firm is \$_______ .
If the company paid out \$60,000 in cash dividends, the addition to retained earnings is \$________.

Schwert Corp. shows the following information on its 2010 income statement: sales = \$141,400; costs = \$85,000; other expenses = \$5,400; depreciation expense = \$6,000; interest expense = \$16,000; taxes = \$8,120; dividends = \$8,352. In addition, you're told that the firm issued \$6,050 in new equity during 2010 and redeemed \$6,100 in outstanding long-term debt. (Do not include the dollar signs (\$). Negative amounts should be indicated by a minus sign.)

a. The 2010 operating cash flow is \$ .
b. The 2010 cash flow to creditors is \$ .
c. The 2010 cash flow to stockholders is \$ .
d. If net fixed assets increased by \$5,300 during the year, the addition to NWC is \$

Given the following information for O’Hara Marine Co., calculate the depreciation expense: sales = \$27,200; costs = \$13,000; addition to retained earnings = \$4,643; dividends paid = \$516; interest expense = \$1,300; tax rate = 33 percent. (Do not include the dollar sign (\$). Round your answer to the nearest whole dollar amount. (e.g., 32))

The depreciation expense is \$

Tyler, Inc., has sales of \$526,000, costs of \$290,000, depreciation expense of \$36,000, interest expense of
\$18,000, and a tax rate of 38 percent. (Do not include the dollar sign (\$).)
The net...

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