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Jetson Spacecraft Corp. shows the following information on its 2014 income statement: sales = $206,000; costs = $103,000; other expenses = $6,300; depreciation expense =
Jetson Spacecraft Corp. shows the following information on its 2014 income statement: sales = $206,000; costs = $103,000; other expenses = $6,300; depreciation expense = $8,900; interest expense = $14,400; taxes = $29,360; dividends = $10,400. In addition, you're told that the firm issued $7,900 in new equity during 2014 and redeemed $9,500 in outstanding long-term debt. (a) What is the 2014 operating cash flow? (b) What is the 2014 cash flow to creditors? (c) What is the 2014 cash flow to stockholders
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