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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?

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?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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15 Weiland Co. shows the following information on its 2019 income statement: sales = $158,000; costs = $80,900; other expenses = $4,200; depreciation expense = $9,900; interest expense = $7,400; taxes = $19,460; dividends = $7,700. In addition, you're told that the firm issued $3,600 in new equity during 2019 and redeemed $5,900 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 $20,750 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.) a. Operating cash flow b. Cash flow to creditors C. Cash flow to stockholders d. Addition to net working capital
Transcribed Image Text:15 Weiland Co. shows the following information on its 2019 income statement: sales = $158,000; costs = $80,900; other expenses = $4,200; depreciation expense = $9,900; interest expense = $7,400; taxes = $19,460; dividends = $7,700. In addition, you're told that the firm issued $3,600 in new equity during 2019 and redeemed $5,900 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 $20,750 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.) a. Operating cash flow b. Cash flow to creditors C. Cash flow to stockholders d. Addition to net working capital
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