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Company A shows the following information on its 2009 income statement: sales = $200,000; costs = $87,000; other expenses = $4,900; depreciation expense = $9,100;
Company A shows the following information on its 2009 income statement: sales = $200,000; costs = $87,000; other expenses = $4,900; depreciation expense = $9,100; interest expense = $14,500; taxes = $29,575; dividends = $10,000. In addition, you're told that the firm issued $7,100 in new equity during 2009 and redeemed $8,700 in outstanding long-term debt.
(b) What is the 2009 cash flow to creditors?
(c) What is the 2009 cash flow to stockholders?
(d) If net fixed assets increased by $18,000 during the year, what was the addition to NWC?
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