Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculating total cash flows of Shiv Limited using the following information on its 2019 Income statement: Sales 193,000; costs 96,500; other expenses 5,100; depreciation expense
Calculating total cash flows of Shiv Limited using the following information on its 2019 Income statement: Sales 193,000; costs 96,500; other expenses 5,100; depreciation expense 13,800; interest expense 10,400; taxes 23,520; dividends 12,500. In addition, youre told that the firm issued 6,000 in new equity during 2019, and redeemed 7,500 in outstanding long-term debt. a. What was the 2019 operating cash flow? b. What was the 2019 cash flow to creditors? c. What was the 2019 cash flow to stockholders? d. If net fixed assets increased by 28,000 during the year, what was the addition to NWC? Question 4: Use the following information for Narendra Limited (assume the tax rate is 35 percent): 2018 2019 Sales 26,115.00
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started