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Please assist with the following question Teeswater Corp. shows the following information on its 2018 statement of comprehensive income: sales = $241,000; costs = $145,000;
Please assist with the following question
Teeswater Corp. shows the following information on its 2018 statement of comprehensive income: sales = $241,000; costs = $145,000; other expenses = $8,300; depreciation expense = $17,700; interest expense = $13,300; taxes = $19,145; dividends = $12,700. In addition, you're told that the firm issued $6,400 in new equity during 2018 and redeemed $4,900 in outstanding long-term debt. a. What is the 2018 operating cash flow? (Omit $ sign in your response.) Operating cash flow b. What is the 2018 cash flow to creditors? (Omit $ sign in your response.) Cash flow to creditors c. What is the 2018 cash flow to shareholders? (Omit $ sign in your response.) Cash flow to shareholders d. If net fixed assets increased by $25,400 during the year, what was the addition to NWC? (Omit $ sign in your response.) Addition to NWCStep by Step Solution
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