The December 31, 2021, balance sheet of Chen, Incorporated, showed long-term debt of $1,470,000 and the December 31, 2022, balance sheet showed long-term debt of $1,720,000. The 2022 income statement showed an interest expense of $101,000. What was the firm's cash flow to creditors during 2022?
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The December 31, 2021, balance sheet of Chen, Incorporated, showed long-term debt of $1,470,000 and the December 31, 2022, balance sheet showed long-term debt of $1,720,000. The 2022 income statement showed an interest expense of $101,000. What was the firm's cash flow to creditors during 2022?
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- The December 31, 2021, balance sheet of Chen, Incorporated, showed long-term debt of $1.38 million, and the December 31, 2022, balance sheet showed long-term debt of $1.52 million. The 2022 income statement showed an interest expense of $104,500. What was the firm’s cash flow to creditors during 2022?The December 31, 2018, balance sheet of Whelan, Inc., showed long-term debt of $1,455,000 and the Decembrr 31, 2019, balance sheet showed long-term debt of $1,690,000. The 2019 income statement showed an interest expense of $99,500. What was the firm's cash flow to creditors during 2019?UTT Co. shows the following information on its 2019 financial statement: interest expense $7,950. In addition, you're told that the firm issued $4,100 in new equity during 2019 and redeemed $6,900 in outstanding long-term debt. $6,900; dividends What is the 2019 cash flow to creditors? = =
- The 2018 balance sheet of Dido Daffodil Depot, Inc., showed long-term debt of $2.9 million, and the 2019 balance sheet showed long-term debt of $3.1 million. The 2019 income statement showed an interest expense of $145,000. During 2019, the company had a cash flow to creditors of –$55,000, and the cash flow to stockholders for the year was $80,000. Suppose you also know that the firm’s net capital spending for 2019 was $1,330,000, and its change in net working capital was -$61,000. What was the firm’s 2019 operating cash flow (OCF)? Group of answer choices $1,430,000 $1,263,000 $1,365,000 $1,294,000 $1,520,000Hokusai Creative's 2018 balance sheet showed long-term debt of $450,000, the 2019 balance sheet showed long-term debt of $490,000, and the 2019 income statement showed an interest expense of $15,750. Cash flow to creditors in 2019 was:10. Creditors' Cash Flows. On the statement of financial position on December 31, 2018, non-current liabilities were $1,350,000, and on the statement of financial position on December 31, 2019, non-current liabilities were $1,470,000. In the 2019 statement of comprehensive income, interest expense was $97,500. What is the creditor's cash flow in 2019? 11. Cash flow to shareholders. In the statement of financial position on December 31, 2018, common stock capital was $120,000 and capital surplus was $2,289,000. On the December 31, 2019 statement of financial position, the respective items were $137,000 and $2,568,000. If a cash dividend of $149,500 was paid in 2019, what was the shareholder's cash flow for that year?
- Prepare a Projected Statement of Financial Position of Sky Company dated December 31, 2019. Below is the list of accounts. Follow the Pro-forma Statement of Financial Position. Lists of accounts & their respective amount: Net, PPE – 7,627,900 Cash - 640,000 Accounts payable -5,189,350 Accounts receivable -4,224,948 Owner’s Equity -16,240,316 Short-term investments – 9,495,393 Short-term borrowings: Inventories – 1,076,000 Payable to PPE supplier - 1,200,000 Accrued taxes – 434,575The 2020 balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term debt of $2.25 million, and the 2021 balance sheet showed long-term debt of $2.66 million. The 2021 income statement showed an interest expense of $305,000. During 2021, Osaka's Tennis Shop, Incorporated, realized the following: Cash flow to creditors Cash flow to stockholders $105,000 $ 209,000 Suppose you also know that the firm's net capital spending for 2021 was $1.5 million and that the firm reduced its net working capital investment by $55,000. What was the firm's 2021 operating cash flow, or OCF? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Operating cash flowThe 2019 balance sheet of Dyrdek’s Skate Shop, Inc., showed long-term debt of $5.2 million, and the 2020 balance sheet showed long-term debt of $5.4 million. The 2020 income statement showed an interest expense of $125,000. What was the firm’s cash flow to creditors during 2020
- At December 31, 2021, Honolulu Corporation has cash of $57 million, accounts receivable of $27 million, and long-term assets of $36 million. The company owes accounts payable of $23 million and has a long-term note payable of $33 million. Honolulu has common stock of $26 million and retained earnings of $38 million. Prepare Honolulu Corporation's balance sheet at December 31, 2021, complete with its proper heading. Start with the heading and then complete the assets section of the statement and finally complete the liabilities and stockholders' equity section of the statement. (Enter all amounts in millions. Classify the balance sheet by selecting the proper title on all applicable subtotal lines. In the first part complete the assets section of the balance sheet. In the second part complete the liabilities and stockholders equity section of the balance sheet. If an input field is not used in the table leave the field empty; do not select a label or enter a zero.) Current assets: Total…The 2020 balance sheet of Osaka’s Tennis Shop, Incorporated, showed long-term debt of $2.25 million, and the 2021 balance sheet showed long-term debt of $2.66 million. The 2021 income statement showed an interest expense of $305,000. During 2021, Osaka’s Tennis Shop, Incorporated, realized the following: Cash flow to creditors –$ 105,000 Cash flow to stockholders $ 209,000 Suppose you also know that the firm’s net capital spending for 2021 was $1.5 million and that the firm reduced its net working capital investment by $55,000. What was the firm’s 2021 operating cash flow, or OCF?The 2018 balance sheet of Spieth’s Golf Shop, Inc., showed long-term debt of $1.565 million, and the 2019 balance sheet showed long-term debt of $1.645 million. The 2019 income statement showed an interest expense of $170,000. What was the firm’s cash flow to creditors during 2019? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)