Current Accounts 2015: Current Assets= 4,400;               Current Liabilities = 1,500 2014: Current Assets = 3,500;              Current Liabilities = 1,200   Fixed Assets and Depreciation 2015: Net Fixed Assets = 3,400;                2014: Net Fixed Assets = 3,100 Depreciation Expense = 400   Long-term Debt and Equity (Retained Earnings not given) 2015: Long-term Debt = 4,000; Common stock & Additional paid in capital = 400 2014: Long-term Debt = 3,950; Common stock & Additional paid in capital = 400   Income Statement Earnings Before Interest and Taxes= 2,000; Taxes = 300 Interest Expense = 350; Dividends = 500

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter13: Financial Statement Analysis
Section: Chapter Questions
Problem 13.10E
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Current Accounts

2015: Current Assets= 4,400;               Current Liabilities = 1,500

2014: Current Assets = 3,500;              Current Liabilities = 1,200

 

Fixed Assets and Depreciation

2015: Net Fixed Assets = 3,400;                2014: Net Fixed Assets = 3,100

Depreciation Expense = 400

 

Long-term Debt and Equity (Retained Earnings not given)

2015: Long-term Debt = 4,000; Common stock & Additional paid in capital = 400

2014: Long-term Debt = 3,950; Common stock & Additional paid in capital = 400

 

Income Statement

Earnings Before Interest and Taxes= 2,000; Taxes = 300

Interest Expense = 350; Dividends = 500

 

Use the information above to calculate  

  1. a) Operating cash flow

 

 

  1. b) Net capital spending

 

 

  1. c) Changes in net working capital

 

 

  1. d) Cash flow to creditors

 

 

  1. e) Cash flow to stockholders

 

 

  1. f) Cash flow from assets
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