Question
Weiland Co. shows the following information on its 2019 income statement: sales = $156,000; costs = $81,300; other expenses = $4,600; depreciation expense = $10,300;
| Weiland Co. shows the following information on its 2019 income statement: sales = $156,000; costs = $81,300; other expenses = $4,600; depreciation expense = $10,300; interest expense = $7,800; taxes = $18,200; dividends = $7,500. In addition, you're told that the firm issued $3,200 in new equity during 2019 and redeemed $5,100 in outstanding long-term debt. |
| a. | What is the 2019 operating cash flow? |
| b. | What is the 2019 cash flow to creditors? |
| c. | What is the 2019 cash flow to stockholders? |
| d. | If net fixed assets increased by $20,550 during the year, what was the addition to NWC? |
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The Bank Analysts Handbook Money Risk And Conjuring Tricks
Authors: Stephen M. Frost
1st Edition
0470091185, 978-0470091180
