Directions: Click the "Case-link" displayed above and use the information provided in Pacesetters, Inc., Part D to answer this question: In 2012, did the company generate internally, before paying capital expenditures and dividends, enough cash to cover its debt service? O No Yes, with $556,000 excess Yes, with $430,000 excess O Not enough information is provided Sales revenue (net) A Accounts receivable Cash collected from sales 0 (1) (2) (3) 9.000 (190) 8.810 Cash cost of goods sold Inventory Accounts payable Cash paid for production Cash from trading activities (4) (5) (6) (7) (3) + (7) = (8) (6,199) (134) 168 (6.165) 2.645 Cash SG&A expense A Prepaid expenses Accrued expenses Cash paid for operating costs Cash after operations (9 (10) (11) (12) (8) + (12) - (13) (1,559) 31 22 (1.506) 1,139 Other income (expense) A Other current and noncurrent accounts Income tax expense A Deferred income taxes A Income taxes payable Taxes paid and other income (expense) Net cash after operations (14) (15) (16) (17) (18) (19) (13) + (19) - (20) 0 54 (446) 4 5 (383) 756 Net cash after operations (13) + (19) = (20) 756 Interest expense A Interest payable Dividends declared or owners' withdrawals A Dividends payable Cash paid for dividends and interest Cash after financing costs (21) (22) (23) (24) (25) (20) + (25) = (26) (126) 0 (254) 0 (380) 376 Current portion long-term debt (prior year) Cash after debt amortization (27) (26) + (27) = (28) (200) 176 A Fixed assets A Investments A Intangibles Cash paid for plant and investments Financing surplus (requirement) (29) (30) (31) (32) (28) + (32) = (33) (117) 0 o (117) 59 10 0 A Short-term debt (notes payable) A Long-term debt A Preferred stock A Common stock Total external financing Financing surplus (requirement) + Total external financing (34) (35) (36) (37) (38) 0 10 (33) + (38) - (39) 69 DOC: Arhandmarintahlann vitinn