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This is the full question, my apologies for the poor resolution on my last post. (A negative answer should be indicated by a minus sign.
This is the full question, my apologies for the poor resolution on my last post.
(A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.) Graffiti Advertising. Inc., reported the following financial statements for the last two years. 2016 Income Statement Sales $ 569,700 Costs of goods sold 273,980 Selling and administrative 124,724 Depreciation 54,567 EBIT $116,429 Interest 19,494 EBT $ 96,935 Taxes 38,774 Net income $ 58,161 Dividends $ 10,500 Addition to retained earnings $ 47,661 Cash Accounts receivable Inventory Current assets GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2015 $ 13,410 Accounts payable 18,985 Notes payable 13,803 Current liabilities $ 46,198 Long-term debt $344,696 Owner's equity $ 390,894 Total liabilities and owners' equity $ 9,495 14.499 $ 23,994 Net fixed assets Tolal assets $ 136,000 $ 230,820 $ 390.894 Cash Accounts receivable Inventory Current assets GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2016 S 14.396 Accounts payable 21,090 Notes payable 22.763 Current liabilities S 58 249 Long-term debt S 406,302 Owner's equity S 464,551 Total liabilities and owners' equity $ 10,521 16,475 $ 26,996 Net fixed assets Total assets $ 152,900 $ 284,655 $ 464,551 a. Calculate the operating cash flow. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.) Operating cash flow: $ b. Calculate the change in net working capital. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.) Change in net working capital: $ C. Calculate the net capital spending. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.) Net capital spending: $ d. Calculate the cash flow from assets. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.) Cash flow from assets: $ e. Calculate the cash flow to creditors. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.) Cash flow to creditors: $ f. Calculate the cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations, use 1000 separator, and round your answer to the nearest whole number, e.g., 1,032.) Cash flow to stockholders: $Step by Step Solution
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