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 toldthat the firm issued $2,900 in new equity during 2014, and redeemed $4,000 inoutstanding long-term debt. (Enter your answer as directed, but do not roundintermediate calculations.)Required:a) What is the operating cash flow during 2014?Operating cash flowb) What is the cash flow to creditors during 2014?Cash flow to creditorsc) What is the cash flow to stockholders during 2014?Cash flow to stockholdersd) Assuming net fixed assets increased by $23,140 during the year, what was theaddition to NWC?Addition to net working capitalне

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Answered: Weiland Co. shows the following…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 18P

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Square Hammer Corporation shows the following information on its 2018 income statement: Sales = $196,000; Costs = $84,000; Other expenses = $5,100; Depreciation expense = $9,000; Interest expense = $13,300; Taxes = $29,610; Dividends = $10,300. In addition, you're told that the firm issued $7,100 in new equity during 2018 and redeemed $8,700 in outstanding long-term debt. a. What is the 2018 operating cash flow? Operating cash flow b. What is the 2018 cash flow to creditors? Cash flow to creditors
Jetson Spacecraft Corp. shows the following information on its 2015 income statement: sales = $319,767; costs = $178,650; other expenses = $5,786; depreciation expense = $18,444; interest expense = $14,233; taxes = $17,008; dividends = $10,711. In addition, you’re told that the firm issued $5,368 in new equity during 2015 and redeemed $5,570 in outstanding long-term debt. If net fixed assets increased by $21,756 during the year, what was the addition to NWC?
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