Question
Weiland Co. shows the following information on its 2014 income statement: sales = $160,000; costs = $80,500; other expenses = $3,800; depreciation expense = $9,500;
Weiland Co. shows the following information on its 2014 income statement: sales = $160,000; costs = $80,500; other expenses = $3,800; depreciation expense = $9,500; interest expense = $7,000; taxes = $20,720; dividends = $7,900. In addition, you're told that the firm issued $4,000 in new equity during 2014, and redeemed $6,700 in outstanding long-term debt. (Enter your answer as directed, but do not round intermediate calculations.) |
Required: | |
(a) | What is the operating cash flow during 2014? |
Operating cash flow | $ |
(b) | What is the cash flow to creditors during 2014? |
Cash flow to creditors | $ |
(c) | What is the cash flow to stockholders during 2014? |
Cash flow to stockholders | $ |
(d) | Assuming net fixed assets increased by $20,950 during the year, what was the addition to NWC? |
Addition to net working capital | $ |
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