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Laflamme Inc. has the following information on its 2018 statement of comprehensive income: sales = $261,000; costs = $158,000; other expenses = $9,600; depreciation expense
Laflamme Inc. has the following information on its 2018 statement of comprehensive income: sales = $261,000; costs = $158,000; other expenses = $9,600; depreciation expense = $19,000; interest expense = $14,600; taxes = $17,780; dividends = $14,000. In addition, you're told that the firm issued $6,000 in new equity during 2018 and redeemed $6,200 in outstanding long-term debt. a. What is the 2018 operating cash flow? (Omit $ sign in your response.) Operating cash flow $ b. What is the 2018 cash flow to creditors? (Omit $ sign in your response.) 5:13 Cash flow to creditors $ c. What is the 2018 cash flow to shareholders? (Omit $ sign in your response.) Cash flow to shareholders $ d. If net fixed assets increased by $26,700 during the year, what was the addition to NWC? (Omit $ sign in your response.) Addition to NWC $
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