Question
Teeswater Corp. shows the following information on its 2020 statement of comprehensive income: sales = $265,000; costs = $161,000; other expenses = $9,900; depreciation expense
Teeswater Corp. shows the following information on its 2020 statement of comprehensive income: sales = $265,000; costs = $161,000; other expenses = $9,900; depreciation expense = $19,300; interest expense = $14,900; taxes = $17,465; dividends = $14,300. In addition, youre told that the firm issued $6,000 in new equity during 2020 and redeemed $6,500 in outstanding long-term debt.
a. What is the 2020 operating cash flow? (Omit $ sign in your response.)
Operating cash flow $
b. What is the 2020 cash flow to creditors? (Omit $ sign in your response.)
Cash flow to creditors $
c. What is the 2020 cash flow to shareholders? (Omit $ sign in your response.)
Cash flow to shareholders $
d. If net fixed assets increased by $27,000 during the year, what was the addition to NWC? (Omit $ sign in your response.)
Addition to NWC $
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