For Year 2016,Precision Masters Had Sales of $42,900,cost of Goods

question 5

Multiple Choice

For Year 2016,Precision Masters had sales of $42,900,cost of goods sold of $26,800,depreciation expense of $1,900,interest expense of $1,300,and dividends paid of $1,000.At the beginning of the year,net fixed assets were $14,300,current assets were $8,700,and current liabilities were $6,600.At the end of the year,net fixed assets were $13,900,current assets were $9,200,and current liabilities were $7,400.The tax rate was 34 percent.What is the cash flow from assets for 2016?

• A)$9,914
• B)$11,114
• C)$9,360
• D)$10,514 
• E)$11,970

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Definitions:

Nonpolar Molecules

Molecules that do not possess distinct poles or charges, making them not easily soluble in water.

Attractive Forces

Forces that cause particles or objects to move toward one another, including gravitational, electromagnetic, and molecular interactions.

Transient Regions

Areas or phases that exist for a short duration, often changing rapidly in their properties or characteristics.

Positive and Negative Charges

Fundamental aspects of atoms and molecules, with positive charges carried by protons and negative charges by electrons.