Calculating Total Cash Flows [LO4] Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales $196,000; costs $104,000; other expenses $6,800; depreciation expense $9,100; interest expense $14,800; taxes $21,455; dividends $10,400. In addition, you’re told that the fi rm issued $5,700 in new equity during 2009 and redeemed $7,300 in outstanding long-term debt. a. What is the 2009 operating cash fl ow? b. What is the 2009 cash fl ow to creditors? c. What is the 2009 cash fl ow to stockholders?
Calculating Total Cash Flows [LO4] Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales $196,000; costs $104,000; other expenses $6,800; depreciation expense $9,100; interest expense $14,800; taxes $21,455; dividends $10,400. In addition, you’re told that the fi rm issued $5,700 in new equity during 2009 and redeemed $7,300 in outstanding long-term debt. a. What is the 2009 operating cash fl ow? b. What is the 2009 cash fl ow to creditors? c. What is the 2009 cash fl ow to stockholders?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Calculating Total Cash Flows [LO4] Jetson Spacecraft Corp. shows the
following information on its 2009 income statement: sales $196,000; costs
$104,000; other expenses $6,800;
expense $14,800; taxes $21,455; dividends $10,400. In addition, you’re
told that the fi rm issued $5,700 in new equity during 2009 and redeemed $7,300 in
outstanding long-term debt.
a. What is the 2009 operating cash fl ow?
b. What is the 2009 cash fl ow to creditors?
c. What is the 2009 cash fl ow to stockholders?
d. If net fi xed assets increased by $27,000 during the year, what was the addition to
NWC?
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