Question
Volbeat Corp. shows the following information on its 2015 income statement: sales = $206,000; costs = $123,000; other expenses = $7,900; depreciation expense = $14,000;
| Volbeat Corp. shows the following information on its 2015 income statement: sales = $206,000; costs = $123,000; other expenses = $7,900; depreciation expense = $14,000; interest expense = $13,100; taxes = $16,800; dividends = $10,000. In addition, youre told that the firm issued $4,600 in new equity during 2015 and redeemed $3,100 in outstanding long-term debt. |
| a. | What is the 2015 operating cash flow? (Do not round intermediate calculations.) |
| Operating cash flow | $ |
| b. | What is the 2015 cash flow to creditors? (Do not round intermediate calculations.) |
| Cash flow to creditors | $ |
| c. | What is the 2015 cash flow to stockholders? (Do not round intermediate calculations.) |
| Cash flow to stockholders | $ |
| d. | If net fixed assets increased by $22,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.) |
| Addition to NWC | $ |
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The New Microfinance Handbook A Financial Market System Perspective
Authors: Joanna Ledgerwood, Julie Earne, Candace Nelson
1st Edition
0821389270, 978-0821389270
