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Please calculate the following using for 2002, the enclosed financial statements: 1. Operating cash flows 2. Change in capital spending 3. Change in net working
Please calculate the following using for 2002, the enclosed financial statements: 1. Operating cash flows 2. Change in capital spending 3. Change in net working capital 4. Cash flows distributed to lenders 5. Cash flows distributed to shareholders. Kuipers, Inc. 2002 Income Statement (S in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable income Less: Taxes Net income Addition to retained earnings Dividends paid $9,625 5,225 1.890 2,510 850 1,660 581 $1,079 $ 679 400 Cash Accounts rec. Inventory Total Current Assets Net fixed assets Topic: Kuipers, Inc. 12/31/01 and 12/31/02 Balance Sheet ($ in millions) 2001 2002 $1,455 $ 260 Accounts payable 2,460 3,975 Notes payable 1,405 885 Total Current Liabilities $5,320 $5,120 Long-term debt 19,300 21,720 Common stock Retained earnings $24,620 $26,840 Total liabilities and 2001 $1,150 2,600 $3,750 7,000 5,500 8,370 $24,620 2002 $2,863 1,628 $4,491 7,600 5,700 9,049 $26,840 Total assets Stockholders' Equity Please calculate the following using for 2002, the enclosed financial statements: 1. Operating cash flows 2. Change in capital spending 3. Change in net working capital 4. Cash flows distributed to lenders 5. Cash flows distributed to shareholders. Kuipers, Inc. 2002 Income Statement (S in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable income Less: Taxes Net income Addition to retained earnings Dividends paid $9,625 5,225 1.890 2,510 850 1,660 581 $1,079 $ 679 400 Cash Accounts rec. Inventory Total Current Assets Net fixed assets Topic: Kuipers, Inc. 12/31/01 and 12/31/02 Balance Sheet ($ in millions) 2001 2002 $1,455 $ 260 Accounts payable 2,460 3,975 Notes payable 1,405 885 Total Current Liabilities $5,320 $5,120 Long-term debt 19,300 21,720 Common stock Retained earnings $24,620 $26,840 Total liabilities and 2001 $1,150 2,600 $3,750 7,000 5,500 8,370 $24,620 2002 $2,863 1,628 $4,491 7,600 5,700 9,049 $26,840 Total assets Stockholders' Equity
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