Question
Volbeat Corp. shows the following on its 2015 income statement: sales = $264,000; costs = $170,000; other expenses = $7,900; depreciation expense = $14,500; interest
Volbeat Corp. shows the following on its 2015 income statement: sales = $264,000; costs = $170,000; other expenses = $7,900; depreciation expense = $14,500; interest expense = $13,300; taxes = $20,405; dividend = $10,000. Additionally, you were told that the firm issued $4,800 of new equity in 2015 and used $3,300 as outstanding long-term debt. |
A. | What is 2015 operating cash flow? (Do not round up intermediate calculations.) |
Operating cash flow | $ |
B. | What is the 2015 cash flow to creditors? (Do not round up intermediate calculations.) |
Cash flow to creditors | $ |
C. | What is the 2015 cash flow to shareholders? (Do not round up intermediate calculations.) |
Cash flow to shareholders | $ |
D. | What was added to the NWC if net fixed assets increased $28,000 during the year? (Do not round up intermediate calculations.) |
NWC'ye ek | $ |
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Fundamentals of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
11th edition
77861701, 978-0077861704
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