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Teeswater Corp. shows the following information on its 2018 statement of comprehensive income: sales = $264,000; costs = $160,000; other expenses = $9,800, depreciation expense
Teeswater Corp. shows the following information on its 2018 statement of comprehensive income: sales = $264,000; costs = $160,000; other expenses = $9,800, depreciation expense = $19,200; Interest expense = $14,800; taxes = $17,570; dividends = $14,200. In addition, you're told that the firm issued $6,100 in new equity during 2018 and redeemed $6,400 in outstanding long-term debt. a. What is the 2018 operating cash flow? (Omit $ sign in your response.) Operating cash flow b. What is the 2018 cash flow to creditors? (Omit $ sign in your response.) Cash flow to creditors c. What is the 2018 cash flow to shareholders? (Omit $ sign in your response.) Cash flow to shareholders d. If net fixed assets increased by $26,900 during the year, what was the addition to NWC? (Omit $ sign in your response.) $ Addition to NWC
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