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Please answer number 12 I attached the multiple-choice answers Question 1 1 pts Chapter 2 - End of Chapter Questions and Problems - Question 12
Please answer number 12 I attached the multiple-choice answers
Question 1 1 pts Chapter 2 - End of Chapter Questions and Problems - Question 12 $396,300 $481,700 O $521,500 $598,700 O $622,750 LO4 10. LO4 11. Cash Flow to Creditors The December 31, 2018, balance sheet of Whelan, Inc., showed long-term debt of $1,350,000, and the December 31, 2019, balance sheet showed long-term debt of $1,470,000. The 2019 income statement showed an interest expense of $97,500. What was the firm's cash flow to creditors during 2019? Cash Flow to Stockholders The December 31, 2018, balance sheet of Whelan, Inc., showed $120,000 in the common stock account and $2,289,000 in the additional paid-in surplus account. The December 31, 2019, balance sheet showed $137,000 and $2,568,000 in the same two accounts, respectively. If the company paid out $ 149,500 in cash dividends during 2019, what was the cash flow to stockholders for the year? Calculating Cash Flows Given the information for Whelan, Inc., in Problems 10 and Q 11, suppose you also know that the firm's net capital spending for 2019 was $745,000 and that the firm reduced its net working capital investment by $94,300. What was the firm's 2019 operating cash flow, or OCF? LO4 12Step by Step Solution
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