Question
Skyline University College MBA Program Financial Management Class Participation -1 10 marks Question1: Jetton Spacecraft Corp. shows the following information on its 2016 income statement:
Skyline University College MBA Program Financial Management Class Participation -1 10 marks Question1: Jetton Spacecraft Corp. shows the following information on its 2016 income statement: sales: $235,000; cost of Goods sold: $141,000; other expenses: $7,900; depreciation expense: $17,300; interest expense: $12,900; taxes: $19,565; dividends: $12,300.
In addition, you are told that the firm issued $6,100 in new equity during 2016 and redeemed $4,500 in outstanding long-term debt. a. Prepare the income statement for 2016. b. Calculate the operating cash flow (OCF)? c. Calculate the cash flow to creditors? d. Calculate the cash flow to stockholders? e. If net fixed assets increased by $25,000 during the year, what was the addition to NWC.
plz I want the answer for part e plz only
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