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Weiland Co. shows the following information on its 2016 income statement: sales = $173,000; costs = $91,400; other expenses = $5,100; depreciation expense = $12,100;
Weiland Co. shows the following information on its 2016 income statement: sales = $173,000; costs = $91,400; other expenses = $5,100; depreciation expense = $12,100; interest expense = $8,900; taxes = $21,090; dividends = $9,700. In addition, you're told that the firm issued $2,900 in new equity during 2016 and redeemed $4,000 in outstanding long-term debt. a)What is the cash flow to creditors? b) Cash flow to stockholders?
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