a)Calculate the capital spending (total long-term investments) of NewTech Corporation for 2020

B) Calculate the operating cash flow of New Tech Corporation for 2020?

c) Calculate the change in NWC of NewTech Corporation for 2020.

d) Calculate the cash flow to shareholders (stockholders) of NewTech Corporation for 2020.

The following financial information is for New Tech Corporation. INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31 (MILLIONS OF DOLLARS) 2020 Net Sales Cost of Goods Sold Depreciation Earnings before interest and taxes (EBIT) Interest Taxes Net income available to common stockholders Dividends $1,509.0 750.0 65.0 $ 694.0 70.0 212.0 $ 412.0 $ 103 2020 BALANCE SHEETS FOR YEAR ENDING DECEMBER 31 (MILLIONS OF DOLLARS) 2019 Assets: Cash $ 104.0 Accounts receivable 455.0 Inventories 553.0 Total current assets $1,112.0 Fixed assets 1,644.0 Total assets $2.756.0 $ 160.0 688.0 555.0 $1,403.0 $1,709.0 3.112.0 Liabilities and equity: Accounts payable Notes payable Accruals Total current liabilities Long-term debt (bonds) Total debt Common stock (50 million shares) Retained earnings Total common equity Total liabilities and owners' equity $ 232.0 196.0 O $ 428.0 408.0 $836.0 600.0 1.320.0 $ 1,920.0 $2.756.0 $ 266.0 123.0 0 $ 389.0 454.0 $843.0 640.0 1,629.0 $ 2,269.0 $3.112.2