Weiland Co. shows the following information on its 2014 income statement: sales = $167,000; costs = $88,600;

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Weiland Co. shows the following information on its 2014 income statement: sales = $167,000; costs = $88,600; other expenses = $4,900; depreciation expense = $11,600; interest expense = $8,700; taxes = $18,620; dividends = $9,700. In addition, you're told that the firm issued $2,900 in new equity during 2014, and redeemed $4,000 in outstanding long-term debt.

a. What is the 2014 operating cash flow?

b. What is the 2014 cash flow to creditors?

c. What is the 2014 cash flow to stockholders?

d. If net fixed assets increased by $23,140 during the year, what was the addition to NWC?

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Essentials of Corporate Finance

ISBN: 978-0078034756

8th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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