Question
7.Calculating Cash Flows.Weiland Co. shows the following information on its 2014 income statement: sales = $167,000; costs = $88,600; other expenses = $4,900; depreciation expense
7.Calculating Cash Flows.Weiland Co. shows the following information on its 2014 income statement: sales = $167,000; costs = $88,600; other expenses = $4,900; depreciation expense = $11,600; interest expense = $8,700; taxes = $18,620; dividends = $9,700. In addition, you're told that the firm issued $2,900 in new equity during 2014, and redeemed $4,000 in outstanding long-term debt.
a. What is the 2014 operating cash flow?
(__________)
b. What is the 2014 cash flow to creditors?
(__________)
c. What is the 2014 cash flow to stockholders?
(__________)
d. If net fixed assets increased by $23,140 during the year, what was the addition to NWC?
(__________)
I already done the problem and just wanted to check my anws.
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