Calculating Total Cash Flows [ LO4] Nightwish Corp. shows the following information on its 2021 income statement: Sal = $336,000; Costs = $194,700; Other expenses = $9,800; Depreciation expense = $20,600; Interest expense = $14,20 Taxes = $21,275; Dividends = $21,450. In addition, you're told that the firm issued $7,100 in new equity during 2021 ar redeemed $5,400 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?
Calculating Total Cash Flows [ LO4] Nightwish Corp. shows the following information on its 2021 income statement: Sal = $336,000; Costs = $194,700; Other expenses = $9,800; Depreciation expense = $20,600; Interest expense = $14,20 Taxes = $21,275; Dividends = $21,450. In addition, you're told that the firm issued $7,100 in new equity during 2021 ar redeemed $5,400 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?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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