Question $31$

Assume the following financial data for XYZ Corporation:

Current Accounts

$2022$: Current Assets $($CA$)=$ $$2,400$; Current Liabilities $($CL$)=$ $$1,800$

$2023$: Current Assets $($CA$)=$ $$3,100$; Current Liabilities $($CL$)=$ $$2,200$

Fixed Assets and Depreciation

$2022$: Net Fixed Assets $($NFA$)=$ $$6,000$; $2023$: NFA $=$ $$7,500$

Depreciation expense $=$ $$500$

Long$-$Term Liabilities and Equity

$2022$: Long$-$Term Debt $($LTD$)=$ $$4,500$; Common Equity $=$ $$1,200$; Retained Earnings $($RE$)=$ $$1,000$

$2023$: LTD $=$ $$5,200$; Common Equity $=$ $$1,500$; RE $=$ $$1,300$

Statement of Comprehensive Income Information

EBIT $=$ $$4,500$; Interest Expense $=$ $$300$; Taxes $=$ $$1,500$; Dividends $=$ $$600$

Required:

Calculate the Operating Cash Flow $($OCF$).$

Determine the Net Capital Spending $($NCS$).$

Assess the Changes in Net Working Capital $($NWC$).$

Compute the Cash Flow from Assets $($CFFA$).$

Evaluate the Cash Flow to Creditors.

Estimate the Cash Flow to Shareholders.

Provide all your answers in the form of a financial report suitable for management review. Be sure to show all your work to receive full credit for partial answers.