Business, 04.10.2020 05:01 keatonjarvis

SMOLIRA GOLF CORP. 2018 Income Statement Sales $515,454 Cost of goods sold 365,628 Depreciation 46,713 Earnings before interest and taxes $103,113 Interest paid 21,483 Taxable income $81,630 Taxes (23%) 18,775 Net income $62,855 Dividends$25,000 Retained earnings 37,855 Prepare the 2018 statement of cash flows for Smolira Golf Corp. (Negative answers should be indicated by a minus sign.)

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SMOLIRA GOLF CORP. 2018 Income Statement Sales $515,454 Cost of goods sold 365,628 Depreciation 46,7...