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c and d please EC300 Homework 1 (Due date: Thursday, September 3) Weiland Co. shows the following information on its 2019 income statement: sales =
c and d please
EC300 Homework 1 (Due date: Thursday, September 3) Weiland Co. shows the following information on its 2019 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 are told that the firm issued $2,900 in new equity during 2019, and redeemed $4,000 in outstanding long-term debt. 25 a. What is the 2019 operating cash flow? Sales 167, ooo COGS 88,600 other Expenses 4,900 Dep EBIT = 61,900 OCE - EBIT+ Depreciation - Taxes 61,900 + 11,600 - 18,620 OCE = 54,880 b. What is the 2019 cash flow to creditors? CLICR : intrest paid - Net new barrowed (ending - beg) 8,700-1.4,000) CF/CR = 12 700 EC300 Homework 1 (Due date: Thursday, September 3) c. What is the 2019 cash flow to stockholders? CF/BH = dividend rayed - net new equity d. If net fixed assets increased by $23,140 during the year, what was the addition to NWC? Q CAFA : OCE cs- ANWC depre + (NEA end - NFA bess) b CF/CR + CF ISHI 15 cStep by Step Solution
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