Sydco, business and finance help
Sydco is in the bowling ball industry and you are interviewing for a position as chief accountant in their Dallas office. In order to assure the management staff that you are qualified for the job, one of the tasks they have asked you to do is an evaluation of useful data into a form that can be used by all of management. You have been given the following information:Sydo SummaryGross Income $ 360Depreciation Expense $ 81Tax Rate 40%After Tax Cost of Capital 9%Operating Income $ 30Interest Expense $ 8Current Assets $ 196Net Plant and Equipment $ 126Current Liabilities $ 87Your task is to answer all of the questions below.Questions: Address all of the following questions in a brief but thoroughAssignment Grading CriteriaMaximum PointsCorrectly identified the net income for the period.Correctly calculated the net operating profit after tax and identified the company’s operating cash flows.Determined the company’s net cash flow.Made an assessment of the firm’s financial condition.Work was clearly written, with logical flow, with no errors (including APA format) and utilized appropriate citation/reference of sources.Total:
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