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Sheffield Co . shows the following information on its 2 0 2 2 income statement: sales = $ 1 6 3 , 0 0 0

Sheffield Co. shows the following information on its
2022 income statement: sales = $163,000; costs = $81,900; other expenses = $1,200;
depreciation expense = $1,900; interest expense = $16,200; administrative expense =
$10,000; operating expense=$9,500; taxes = $16,330; dividends = $7,200. In
addition, you're told that the firm issued $2,600 in new equity, and $3,900 in long
term debt during 2022.
a. Calculate net income and addition to retained earnings.
b. What is the 2022 operating cash flow? Specify two examples of operating
cash inflow and outflow.
c. What is the 2022 cash flow to creditors?
d. What is the 2022 cash flow to stockholders?
e. If net fixed assets increased by $19,475 during the year, what was the
addition to NW

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