Question
Schwert Corp. shows the following information on its 2019 income statement: sales = $227,000; costs = $129,000; other expenses = $7,900; depreciation expense = $14,200;
Schwert Corp. shows the following information on its 2019 income statement: sales = $227,000; costs = $129,000; other expenses = $7,900; depreciation expense = $14,200; interest expense = $13,700; taxes = $21,770; dividends = $10,500. In addition, youre told that the firm issued $5,200 in new equity during 2019 and redeemed $3,700 in outstanding long-term debt. (Do not round intermediate calculations.) |
a. | What is the 2019 operating cash flow? |
b. | What is the 2019 cash flow to creditors? |
c. | What is the 2019 cash flow to stockholders? |
d. | If net fixed assets increased by $30,000 during the year, what was the addition to net working capital (NWC)? |
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