Nightwish Corporation shows the following information on its 2021 income statement: Sales = $244,000; Costs = $144,000; Other expenses = $7,900; Depreciation expense = $18,000; Interest expense = $13,200; Taxes = $21,315; Dividends = $10,000. In addition, you're told that the firm issued $4,700 in new equity during 2021 and redeemed $3,200 in outstanding long-term debt. a. What is the 2021 operating cash flow? (Do not round intermediate calculations.) b. What is the 2021 cash flow to creditors? (Do not round intermediate calculations.) c. What is the 2021 cash flow to stockholders? (Do not round intermediate calculations.) d. If net fixed assets increased by $30,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.)
Nightwish Corporation shows the following information on its 2021 income statement: Sales = $244,000; Costs = $144,000; Other expenses = $7,900; Depreciation expense = $18,000; Interest expense = $13,200; Taxes = $21,315; Dividends = $10,000. In addition, you're told that the firm issued $4,700 in new equity during 2021 and redeemed $3,200 in outstanding long-term debt. a. What is the 2021 operating cash flow? (Do not round intermediate calculations.) b. What is the 2021 cash flow to creditors? (Do not round intermediate calculations.) c. What is the 2021 cash flow to stockholders? (Do not round intermediate calculations.) d. If net fixed assets increased by $30,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.)
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
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Nightwish Corporation shows the following information on its 2021 income statement: Sales = $244,000;
Costs = $144,000; Other expenses = $7,900; Depreciation expense = $18,000; Interest expense = $13,200;
Taxes = $21,315; Dividends = $10,000. In addition, you're told that the firm issued $4,700 in new equity during
2021 and redeemed $3,200 in outstanding long-term debt.
a. What is the 2021 operating cash flow? (Do not round intermediate calculations.)
b. What is the 2021 cash flow to creditors? (Do not round intermediate calculations.)
c. What is the 2021 cash flow to stockholders? (Do not round intermediate calculations.)
d. If net fixed assets increased by
$30,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.)
3
a. Operating cash flow
b. Cash flow to creditors
c. Cash flow to stockholders
d. Addition to NWC
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