Weiland Co shows the following information on its 2019 income statement sales $155,000 costs $81,500 other expenses $4,800 depreciation expense $10,500 interest expense $8,000 taxes $17,570 dividends $7,400 In addition, you're told that the firm issued $3,000 in new equity during 2019 and redeemed $4,700 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 $20,450 during the year, what was the addition to NWC (For all requirements, do not round intermediate calculations and round your answer to the nearest whole number, e g , 32 ) Answer is complete but not entirely correct Operating cash flow Cash flow to creditors Cash flow to stockholders Addition to net working capital $ $ $ $ 51,130 12,700 4,400 2,080

Question

Weiland Co  shows the following information on its 2019 income statement  sales   $155,000  costs   $81,500  other expenses   $4,800  depreciation expense   $10,500  interest expense   $8,000  taxes   $17,570  dividends   $7,400  In addition, you're told that the firm issued $3,000 in new equity during 2019 and redeemed $4,700 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 $20,450 during the year, what was the addition to NWC  (For all requirements, do not round intermediate calculations and round your answer to the nearest whole number, e g , 32 ) Answer is complete but not entirely correct  Operating cash flow Cash flow to creditors Cash flow to stockholders Addition to net working capital $ $ $ $ 51,130 12,700 4,400 2,080

Accepted Answer

The Answer is in the image, click to view ...

Weiland Co. shows the following information on its 2019 income statement: sales = $155,000; costs = $81,500;

Question:

Advanced Accounting

Weiland Co. shows the following information on its 2019 income statement: sales = $155,000; costs = $81,500;

Question:

Expert Answer:

The Answer is in the image, click to view ... View the full answer

Advanced Accounting

Students also viewed these Accounting questions