$1$ Financial Statements

Question $14$

Calculating Cash Flows Montgomery Corp. shows the following information on its $2019$ 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, you're told that the firm issued $$6,100$ in new equity during $2019$ and redeemed $$4,500$ in outstanding long$-$term debt.

What is the $2019$ operating cash flow?

What is the $2019$ cash flow to creditors?

What is the $2019$ cash flow to stockholders?

If net fixed assets increased by $$25,000$ during the year, what was the addition to NWC$?$

Financial Statements

$2-3$

$2-8$

$2-14$