Question
Sales $645,000, cost of goods sold $485,000, depreciation $43,000, interest paid = $26,000, addition to retained earnings - $42,150, tax rate 35%. During the
Sales $645,000, cost of goods sold $485,000, depreciation $43,000, interest paid = $26,000, addition to retained earnings - $42,150, tax rate 35%. During the year, net working capital decreased by $22,000, the company bought back $44,000 in equity and issued $50,000 in outstanding long-term debt. 1) What is operating cash flow? 2) What is cash flow to creditors? 3) What is cash flow to stockholders? 4) What is change in net fixed assets?
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