Question
on its 2018 income $4,700; Depreciation Toy Mantel Corporation shows the following information statement: Sales = $213,000; Costs = $98,000; Other expenses expense = $9,500;
on its 2018 income $4,700; Depreciation Toy Mantel Corporation shows the following information statement: Sales = $213,000; Costs = $98,000; Other expenses expense = $9,500; Interest expense = $15,500; Taxes = $26,050; Dividends = $9,800. In addition, you're told that the firm issued $7,500 in new equity during 2018 and redeemed $9,300 in outstanding long-term debt. a. What is the 2018 operating cash flow? b. What is the 2018 cash flow to creditors?
c What is the 2018 cash flow to stockholders?
d If the next fixed assets increased by $19,000 during the year, what was the addition to NWC?
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