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Exercise 3 Calculating total cash flow: Faulk Co., shows the following information on its 2003 income statement: sale $114000;costs of goods sold=$61200;other expenses $3300;

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Exercise 3 Calculating total cash flow: Faulk Co., shows the following information on its 2003 income statement: sale $114000;costs of goods sold=$61200;other expenses $3300; depreciation expense-$9600;interest expense $8400; taxes=$10710;dividends=$3840. In addition, you are told that the firm issued $ 1700 in new equity during 2003, and redeemed $ 3600 in outstanding long-term debt. What is the 2003 operating cash flow? What is the 2003 cash flow to creditors? What is the 2003 cash flow to stockholders? What is the 2003 cash flow from asset? If net fixed assets increased by $11400 during the year, what was the addition to net working capital?

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