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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 income statement: sales $; costs $; other expenses $; depreciation expense $; interest expense $; administrative expense $; operating expense$; taxes $; dividends $ In addition, you're told that the firm issued $ in new equity, and $ in long term debt during a Calculate net income and addition to retained earnings. b What is the operating cash flow? Specify two examples of operating cash inflow and outflow. c What is the cash flow to creditors? d What is the cash flow to stockholders? e If net fixed assets increased by $ during the year, what was the addition to NW
Sheffield Co shows the following information on its
income statement: sales $; costs $; other expenses $;
depreciation expense $; interest expense $; administrative expense
$; operating expense$; taxes $; dividends $ In
addition, you're told that the firm issued $ in new equity, and $ in long
term debt during
a Calculate net income and addition to retained earnings.
b What is the operating cash flow? Specify two examples of operating
cash inflow and outflow.
c What is the cash flow to creditors?
d What is the cash flow to stockholders?
e If net fixed assets increased by $ during the year, what was the
addition to NW
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