Question
Jetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = $222,000; costs = $132,000; other expenses = $7,900; depreciation expense =
Jetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = $222,000; costs = $132,000; other expenses = $7,900; depreciation expense = $19,700; interest expense = $14,000; taxes = $16,940; dividends = $11,000. In addition, youre told that the firm issued $5,500 in new equity during 2011 and redeemed $4,000 in outstanding long-term debt. |
a. | What is the 2011 operating cash flow? |
Operating cash flow | $ |
b. | What is the 2011 cash flow to creditors? |
Cash flow to creditors | $ |
c. | What is the 2011 cash flow to stockholders? |
Cash flow to stockholders | $ |
d. | If net fixed assets increased by $20,000 during the year, what was the addition to NWC? |
Addition to NWC | $ |
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