Question
The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,385,000, $137,000 in the common stock account and $2,620,000 in the additional
The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,385,000, $137,000 in the common stock account and $2,620,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed long-term debt of $1,550,000, $147,000 in the common stock account and $2,920,000 in the additional paid-in surplus account. The 2014 income statement showed an interest expense of $92,500 and the company paid out $142,000 in cash dividends during 2014. The firms net capital spending for 2014 was $930,000, and the firm reduced its net working capital investment by $122,000. (Enter your answer as directed, but do not round intermediate calculations.) |
Required: |
What was the cash flow to creditors during 2014? (Negative amount should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567)) |
Cash flow to creditors | $ |
Required: |
What was the firms cash flow to stockholders during 2014? (Negative amount should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567)) |
Cash flow to stockholders | $ |
Required: |
What was the firms cash flow from assets during 2014? (Negative amount should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567)) |
Cash flow from assets | $ |
Required: |
What was the firms operating cash flow during 2014? (Enter your answer in dollars, not millions of dollars (e.g., 1,234,567)) |
Operating cash flow | $ |
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