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1. Corcoran Hardware shows the following information on its 2011 income statement: sales = $235,000; costs = $141,000; other expenses = $7,900; depreciation expense =
1. Corcoran Hardware shows the following information on its 2011 income statement: sales = $235,000; costs = $141,000; other expenses = $7,900; depreciation expense = $17,300; interest expense = $12,900; taxes = $19,565; dividends = $12,300. In addition, youre told that the firm issued $6,100 in new equity during 2011 and redeemed $4,500 in outstanding long-term debt. a. What is the 2011 operating cash flow? b. What is the 2011 cash flow to creditors? c. What is the 2011 cash flow to stockholders? d. If net fixed assets increased by $25,000 during the year, what was the addition to NWC
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