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G Force at the end of June 2013 had sales of $700,000, costs of $250,000, expenses of $100,000 and deprecation of $70,000, interest of $88,000
G Force at the end of June 2013 had sales of $700,000, costs of $250,000, expenses of $100,000 and deprecation of $70,000, interest of $88,000 and taxes at 30%. Dividends paid was $10,500. No new long-term debt was issued, however, $4000 was issued in new equity.
Calculate:
- Create the income statement
- Operating cash flow
- Cash flow to creditors
- Cash flow to shareholders
- Addition to net working capital
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