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Teeswater Corp. shows the following information on its 2018 statement of comprehensive income: sales = $237,000; costs = $142,000; other expenses = $8,000; depreciation expense
Teeswater Corp. shows the following information on its 2018 statement of comprehensive income: sales = $237,000; costs = $142,000; other expenses = $8,000; depreciation expense = $17,400; interest expense = $13,000; taxes = $19,460; dividends = $12,400. In addition, you're told that the firm issued $6,000 in new equity during 2018 and redeemed $4,600 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 $25,100 during the year, what was the addition to NWC? (Omit $ sign in your response.) Addition to NWC
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