Use the following information for Head Rat, Inc. (HRI) to answer this and the following question. Sales $250,000 Cost of Goods Sold $124,000 Depreciation $16,000 Long-Term Debt...
- Use the following information for Head Rat, Inc. (HRI) to answer this and the following question.
Sales
$250,000
Cost of Goods Sold
$124,000
Depreciation
$16,000
Long-Term Debt Paid
$18,000
Total Assets
$85,000
Selling, General and Administrative Expense
$32,000
Interest Expense
$6,477
New Equity Raised
$5,000
Tax Rate
35%
Retention Ratio
0.5
What was the cash flow to stockholders for HRI?

