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Part A: Calculating Operating Cash Flows and Net Working Capital 1. Create an Income Statement. Tally Corp has the following information for 2014: Sales $235,000
Part A: Calculating Operating Cash Flows and Net Working Capital 1. Create an Income Statement. Tally Corp has the following information for 2014: Sales $235,000 Cost $141,000 Other Expenses $7,900 Depreciation Expense-$17,300 Interest Expense- $12,900 Taxes $19,565 Dividends-$12,300 2014 New Equity- $6,100 Net New Long-term Debt $(4,500) Change in Fixed Assets- $25,000 2. Answer the following questions: What is the 2014 Operating Cash Flow? What is the 2014 Cash Flow to Creditors? What is the 2014 Cash Flow to Stockholders? If Net Fixed Assets increased by $25,000 during the year what is the addition to NWC? 1. 2. 3. 4
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