Question
Inangahua Creation Ltd shows the following information on its 2016 income statement: sales = $267 000; costs = $143 000; other expenses = $9100; depreciation
Inangahua Creation Ltd shows
the following information on its 2016 income statement: sales =
$267 000; costs = $143 000; other expenses = $9100; depreciation
expense = $19 000; interest expense = $14 700; taxes = $28 700;
dividends = $12 600. In addition, you are told that the firm issued
$4500 in new equity during 2016, and redeemed $68 000 in
outstanding long-term debt.
What is the 2016 operating cash flow?
What is the 2016 cash flow to creditors?
What is the 2016 cash flow to shareholders?
If net fixed assets increased by $35 000 during the year, what
was the addition to NWC?
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