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  1. business
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  3. 3. orchid nursery had the following operating resu

3. Orchid Nursery had the following operating results for 2015, sales = $22,800; COGS =...

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Accounting

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3. Orchid Nursery had the following operating results for 2015, sales = $22,800; COGS = $16,050; depreciation expense = $4,050% interest expense = $1,830; dividends paid = $1,300. At the beginning of the year, net fixed asset were $13,650; current assets were $4,800 dnd current liabilities were $2,700. At the end of the year, net fixed assets were $16,800; current assets were $5,930 and current liabilities were $3,150. The tax rate for 2015 was 34 percent. a. What is Orchid Nursery's net income for 2015 ? $5741 b. What is its operating cash flow for 2015 ? c. What is its cash flow from assets for 2015 ? d. If no new debt was issued during the year, what is the cash flow to creditors and the cash flow to stockholders

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