Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

All answers must be entered as excel formulas, i.e. =SUM(D7:D12) AB D E F G H I J Jetson Spacecraft Corp. shows the following information

image text in transcribedimage text in transcribed

All answers must be entered as excel formulas, i.e. =SUM(D7:D12)

AB D E F G H I J Jetson Spacecraft Corp. shows the following information on its 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 the year and redeemed $4,500 in outstanding long-term debt. a. What is the operating cash flow? b. What is the cash flow to creditors? c. What is the cash flow to stockholders? d. If net fixed assets increased by $25,000 during the year, what was the addition to NWC? Sales Costs Other expenses Depreciation expense Interest expense Taxes Dividends 235,000 141,000 7,900 17,300 12,900 19,565 12,300 New equity Net new long-term debt Change in fixed assets 6,100 (4,500) 25,000 Complete the following analysis. Do not hard code values in your calculations. Income Statement Sales Costs Other expenses Depreciation expense EBIT Interest expense EBT Taxes Net income Dividends Addition to retained earnings a. Operating cash flow b. Cash flow to creditors C. Cash flow to stockholders d. Cash flow from assets Net capital spending Change in NWC AB D E F G H I J Jetson Spacecraft Corp. shows the following information on its 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 the year and redeemed $4,500 in outstanding long-term debt. a. What is the operating cash flow? b. What is the cash flow to creditors? c. What is the cash flow to stockholders? d. If net fixed assets increased by $25,000 during the year, what was the addition to NWC? Sales Costs Other expenses Depreciation expense Interest expense Taxes Dividends 235,000 141,000 7,900 17,300 12,900 19,565 12,300 New equity Net new long-term debt Change in fixed assets 6,100 (4,500) 25,000 Complete the following analysis. Do not hard code values in your calculations. Income Statement Sales Costs Other expenses Depreciation expense EBIT Interest expense EBT Taxes Net income Dividends Addition to retained earnings a. Operating cash flow b. Cash flow to creditors C. Cash flow to stockholders d. Cash flow from assets Net capital spending Change in NWC

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Managerial Finance

Authors: Lawrence J. Gitman, Chad J. Zutter

13th Edition

9780132738729, 136119468, 132738724, 978-0136119463

More Books

Students also viewed these Finance questions

Question

LO34.1 Identify and explain the functions of money.

Answered: 1 week ago