Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Nightwish corporation shows the following information on its 2 0 2 1 income statement. Sales = $ 2 5 5 , 0 0 0 ,

Nightwish corporation shows the following information on its 2021 income statement. Sales = $ 255,000, costs = $ 156,000, other expenses = $ 7900, depreciation expense = $ 15600, interest expense = $ 14,800, Taxes = $ 21,245; dividends = $ 12,000. in addition you're told that the firm issued $ 6300 in new equity during 2021 and redeemed $ 4800 in outstanding long term debt. ( Do not round intermediate calculations) a. What is the 2021 operating cashflow? b. what is the 2021 cashflow to creditors? c. what is the 2021 cash flow to stockholders? d. If the net fixed assets increased by $ 28000 during the year, what was the addition to net working capital (NWC)?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Handbook Of Post Crisis Financial Modelling

Authors: Emmanuel Haven, Philip Molyneux, John Wilson, Sergei Fedotov, Meryem Duygun

1st Edition

1137494484, 978-1137494481

More Books

Students also viewed these Finance questions