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Square Hammer Corp. shows the following information on its 2018 income statement: Sales = $244,000; Costs = $144,000; Other expenses = $7,900; Depreciation expense =
Square Hammer Corp. shows the following information on its 2018 income statement: Sales = $244,000; Costs = $144,000; Other expenses = $7,900; Depreciation expense = $18,000; Interest expense = $13,200; Taxes = $21,315; Dividends = $10,000. In addition, youre told that the firm issued $4,700 in new equity during 2018 and redeemed $3,200 in outstanding long-term debt. |
a. | What is the 2018 operating cash flow? (Do not round intermediate calculations.) |
b. | What is the 2018 cash flow to creditors? (Do not round intermediate calculations.) |
c. | What is the 2018 cash flow to stockholders? (Do not round intermediate calculations.) |
d. | If net fixed assets increased by $30,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.) |
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