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LexCorp has the following Income statement and balance sheet for 1997. What is the firms Cash Flow to Creditors ? (Round to nearest penny and
LexCorp has the following Income statement and balance sheet for 1997. What is the firms Cash Flow to Creditors ?
(Round to nearest penny and do not enter commas, e.g. 1234.56)
| Revenue | 240839 |
|---|---|
| Costs | 23905 |
| Depreciation | 15624 |
| Ebit | |
| Interest Expense | 7286 |
| Taxable Income | |
| Tax Expense @ 22% | |
| Net Income |
| Year | 1996 | 1997 | 1996 | 1997 | |
|---|---|---|---|---|---|
| Current Assets | 16356 | 18756 | Current Liabilities | 13200 | 14830 |
| Fixed Assets | 155937 | 150924 | Long-Term Debt | 140191 | 148682 |
| Common Stock | 39859 | 34672 |
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Financial Statement Analysis & Dividend Investing
Authors: Andrew P.C.
1st Edition
1075873940, 978-1075873942
