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

1. What is the 2011 operating cash flow?
2. What is the 2011 cash flow to creditors?
3. What is the 2011 cash flow to stockholders?
4. 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

Depreciation expense

17,300

Interest expense

12,900

Taxes

19,565

Dividends

12,300

2011 New equity

$3,100

Net new long-term debt

(4,500)

Change in net fixed assets

25,000

Complete the following analysis. Do not hard code values in your answers.

Income Statement

Sales _______

Costs_______

Other expenses_______

Depreciation expense_______

EBIT_______

Interest expense_______

EBT_______

Taxes _______

Net income_______

Dividends_______

Addition to retained earnings______

1. Operating cash flow______
2. Cash flow to creditors______
3. Cash flow to stockholders ______
4. Cash flow from assets______

Net capital spending______

Change in NWC______