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Square Hammer Corporation shows the following information on its 2018 income statement: Sales =$202,000; Costs =$87,000; Other expenses =$5,600; Depreciation expense =$8,900; Interest expense =$14,700;
Square Hammer Corporation shows the following information on its 2018 income statement: Sales =$202,000; Costs =$87,000; Other expenses =$5,600; Depreciation expense =$8,900; Interest expense =$14,700; Taxes =$30,030; Dividends =$9,800. In addition, you're told that the firm issued $7,800 in new equity during 2018 and redeemed $9,400 in outstanding long-term debt. c. What is the 2018 cash flow to stockholders? d. If net fixed assets increased by $24,000 during the year, what was the addition to NWC
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