chapter review and self-test problem
2.1 cash flow for Rasputin corporation. this problem will give you some practice working with financial statements and figuring cash flow. Based on the following information for Rasputin Corporation, prepare and income statement for 2010 and balance sheets for 2009 and 2010. next, following our US Corporation examples in the chapter, calculate cash flow from assets for Rasputin, cash flow to creditors, and cash flow to stockholders for 2010. Use a 34 percent tax rate throughout. you can check your answers below