Question
11. Volbeat Corp. shows the following information on its 2015 income statement: sales = $267,000; costs = $148,000; other expenses = $8,200; depreciation expense =
11. Volbeat Corp. shows the following information on its 2015 income statement: sales = $267,000; costs = $148,000; other expenses = $8,200; depreciation expense = $17,600; interest expense = $12,400; taxes = $32,620; dividends = $15,500. In addition, youre told that the firm issued $6,400 in new equity during 2015 and redeemed $4,900 in outstanding long-term debt.a.What is the 2015 operating cash flow?b. What is the 2015 cash flow to creditors?c.What is the 2015 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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