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5 Square Hammer Corp. shows the following information on its 2018 income statement: Sales = $205,000; Costs = $100,000; Other expenses = $6,100; Depreciation expense

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5 Square Hammer Corp. shows the following information on its 2018 income statement: Sales = $205,000; Costs = $100,000; Other expenses = $6,100; Depreciation expense = $9,100; Interest expense = $14,300; Taxes = $22,650 Dividends = $10,300. In addition, you're told that the firm issued $8,000 in new equity during 2018 and redeemed $9,600 in outstanding long-term debt. a. What is the 2018 operating cash flow? 20 points eBook References b. What is the 2018 cash flow to creditors? c. What is the 2018 cash flow to stockholders? d. If net fixed assets increased by $21,000 during the year, what was the addition to NWC? 4 The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed $880,000 in the common stock account and $6.4 million in the additional paid-in surplus account. The 2018 balance sheet showed $895,000 and $8.5 million in the same two accounts, respectively. If the company paid out $570,000 in cash dividends during 2018, what was the cash flow to stockholders for the year? 20 points eBook Multiple Choice References O $-1,545,000 O $325,000 O $1,545,000 O $310,000 O $8,825,000

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