Question
Ogden Enterprises. shows the following information on its 2018 income statement: sales = $167,000; costs = $88,600; other expenses = $4,900; depreciation expense = $11,600;
Ogden Enterprises. shows the following information on its 2018 income statement: sales = $167,000; costs = $88,600; other expenses = $4,900; depreciation expense = $11,600; interest expense == $8,700; taxes = $18,620; dividends = $9,700. In addition, youre told that the rm issued $2,900 in new equity during 2018, and redeemed $4,000 in outstanding long-term debt. a. What is the 2018 operating cash ow? b. What is the 2018 cash flow to creditors? c. What is the 2018 cash ow to stockholders? d. If net xed assets increased by $23,140 during the year, what was the addition to NWC?
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