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Consider the following summary financial statements for Yosemite Enterprises: a. What is owners' equity for 2014 and 2015? b. What is the change in net
Consider the following summary financial statements for Yosemite Enterprises: a. What is owners' equity for 2014 and 2015? b. What is the change in net working capital for 2015? c. What is Operating Cash Flow for 2015? (The tax rate is 35%.) d. In 2015, Yosemite purchases $2500 in new fixed assets. How much in fixed assets did Yosemite sell? What is the cash flow from assets for the year? e. During 2015, Yosemite raised $1500 in new long-term debt. How much long-term debt must Yoesmite have paid off during the year? What is cash flow to the creditors in 2015? f. During 2015, Yosemite paid $2570 in dividends, issued new equity of $300, and did no equity repurchases. What is cash flow to equity-holders? g. Construct a Statement of Financial Cash Flow for Yosemite for 2015, following Table 2.5 in the book
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