Question
Volbeat Corp. shows the following information on its 2015 income statement: sales = $255,000; costs = $156,000; other expenses = $7,900; depreciation expense = $15,600;
Volbeat Corp. shows the following information on its 2015 income statement: sales = $255,000; costs = $156,000; other expenses = $7,900; depreciation expense = $15,600; interest expense = $14,800; taxes = $21,245; dividends = $12,000. In addition, youre told that the firm issued $6,300 in new equity during 2015 and redeemed $4,800 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 $28,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.) |
Addition to NWC | $ |
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