Jetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = $235,000; costs = $141,000; other expenses = $7,900; depreciation expense = $17,300; interest expense = $12,900; taxes = $19,565; dividends = $12,300. In addition, you are told that the firm issued $6,100 in new equity during 2011 and redeemed $ 4,500 in outstanding long-term debt.

a) What is the 2011 operating cash flow?

b. What is the 2011 cash flow to creditors?

c. What is the 2011 cash flow to stockholders?

d) If net fixed assets increased by $25,000 during the year , what was the addition to NWC?

Sales : $ 235,000

Costs 141,000

Other Expenses 7,900

Interest Expense 12,900

Taxes 19,565

Dividends 12,300

2011 New Equity $ 6,100

Net New Long-Term Debt (4,500)

Change in Net Fixed Assets 25,000

Income Statement ( Rewrite or calculate the given questions below using Excel)

Sales :

Costs:

Other Expenses:

EBIT:

Taxes:

Net Income:

a. Operating Cash Flow:

b. Cash Flow to Creditors

c. Cash Flow to Stockholders

d. Cash Flow from Assets

Net Capital Spending :

Change in NWC :