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Trying to figure out the right numbers with an explanation if anyone can do it. Teeswater Corp. shows the following information on its 2018 statement
Trying to figure out the right numbers with an explanation if anyone can do it.
Teeswater Corp. shows the following information on its 2018 statement of comprehensive income: sales = $258,000; costs = $156,000; other expenses = $9,400; depreciation expense = $18,800; interest expense = $14,400; taxes = $17,990; dividends = $13,800. In addition, you're told that the firm issued $6,000 in new equity during 2018 and redeemed $6,000 in outstanding long-term debt. a. What is the 2018 operating cash flow? (Omit $ sign in your response.) Operating cash flow $ 74,610 b. What is the 2018 cash flow to creditors? (Omit $ sign in your response.) Cash flow to creditors $ -20,400 c. What is the 2018 cash flow to shareholders? (Omit $ sign in your response.) Cash flow to shareholders $ -7,800 d. If net fixed assets increased by $26,500 during the year, what was the addition to NWC? (Omit $ sign in your response.) Addition to NWC $ 28,200Step by Step Solution
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