13 Given Info. From Income StatementIncome StatementSales336,000For the year 2021Costs194,700SalesOther Expenses9,800Deprec. Exp.20,600Interest Exp.14,200Тахes21,275Dividends21,450New CS7,1002$Debt Paid5,400a.Operating cash flowb.Cash flow to creditorsC.Cash flow to stockholdersd.NFA increased by53,200 Calculating Total Cash Flows [ LO4] Nightwish Corp. shows the following information on its 2021 income statement: Sales= $336,000; Costs = $194,700; Other expenses = $9,800; Depreciation expense = $20,600; Interest expense = $14,200;Taxes = $21,275; Dividends = $21,450. In addition, you're told that the firm issued $7,100 in new equity during 2021 andredeemed $5,40o in outstanding long-term debt.a. What is the 2021 operating cash flow?b. What is the 2021 cash flow to creditors?c. What is the 2021 cash flow to stockholders?d. If net fixed assets increased by $53,200 during the year, what was the addition to NWC?

The question is based on the concept of Financial Accounting. As per the Bartleby guidelines we are…

Answered: Calculating Total Cash Flows [ LO4]…

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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For 2020, Electro Tech Inc. has reported earnings before interest and taxes (ebit) of $6.5 million; capital expenditures of $1.2 million; and depreciation of $0.7 million. Net working capital for 2020 is $1.0 million and for 2019 is $0.7 million. The tax rate for Electro Tech is 35%. Calculate Electro Tech's free cash flow. 18.
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Assume that today is December 31, 2021, and that the following information applies to Abner Airlines: ⚫ After-tax operating Income [EBIT(1-T)] for 2022 is expected to be $500 million. The depreciation expense for 2022 is expected to be $160 million. The capital expenditures for 2022 are expected to be $375 million. . No change is expected in net operating working capital. ⚫ The free cash flow is expected to grow at a constant rate of 7% per year. ⚫The required return on equity is 15%. The WACC is 10%. The firm has $204 million of nonoperating assets. ⚫ The market value of the company's debt is $2.885 billion. 190 million shares of stock are outstanding. Using the corporate valuation model approach, what should be the company's stock price today? Do not round intermediate calculations. Round your answer to the nearest cent.
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Reynolds Construction's current value of operations is $750 million based on the free cash flow valuation model. Its balance sheet shows $50 million of short-term investments that are unrelated to operations, and $300 million of total debt. What is the best estimate for the firm's value of equity, in millions?.
Hah

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