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Teeswater Corp. shows the following information on its 2020 statement of comprehensive income: sales = $256,000; costs = $155,000; other expenses = $9,300; depreciation expense = $18,700; interest expense = $14,300; taxes = $18,095; dividends = $13,700. In addition, you're told that the firm issued $6,500 in new equity during 2020 and redeemed $5,900 in outstanding long-term debt. es a. What is the 2020 operating cash flow? (Omit $ sign in your response.) Operating cash flow $ 79205 b. What is the 2020 cash flow to creditors? (Omit $ sign in your response.) Cash flow to creditors $ 13700 c. What is the 2020 cash flow to shareholders? (Omit $ sign in your response.) Cash flow to shareholders $ d. If net fixed assets increased by $26,400 during the year, what was the addition to NWC? (Omit $ sign in your response.) Addition to NWC $ 7700 13700

Teeswater Corp. shows the following information on its 2020 statement of comprehensive income: sales = $256,000; costs = $155,000; other expenses = $9,300; depreciation expense = $18,700; interest expense = $14,300; taxes = $18,095; dividends = $13,700. In addition, you're told that the firm issued $6,500 in new equity during 2020 and redeemed $5,900 in outstanding long-term debt. es a. What is the 2020 operating cash flow? (Omit $ sign in your response.) Operating cash flow $ 79205 b. What is the 2020 cash flow to creditors? (Omit $ sign in your response.) Cash flow to creditors $ 13700 c. What is the 2020 cash flow to shareholders? (Omit $ sign in your response.) Cash flow to shareholders $ d. If net fixed assets increased by $26,400 during the year, what was the addition to NWC? (Omit $ sign in your response.) Addition to NWC $ 7700 13700

FINANCIAL ACCOUNTING
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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Teeswater Corp. shows the following information on its 2020 statement of comprehensive income: sales = $256,000; costs = $155,000; other expenses = $9,300; depreciation expense = $18,700; interest expense = $14,300; taxes = $18,095; dividends = $13,700. In addition, you're told that the firm issued $6,500 in new equity during 2020 and redeemed $5,900 in outstanding long-term debt. a. What is the 2020 operating cash flow? (Omit $ sign in your response.) Operating cash flow b. What is the 2020 cash flow to creditors? (Omit $ sign in your response.) Cash flow to creditors c. What is the 2020 cash flow to shareholders? (Omit $ sign in your response.) Cash flow to shareholders d. If net fixed assets increased by $26,400 during the year, what was the addition to NWC? (Omit $ sign in your response.) Addition to NWC $ 7700 Mc Graw 79205 Snow off and on $ 13700 S 13700 < Prev 7 of 8
Transcribed Image Text:Teeswater Corp. shows the following information on its 2020 statement of comprehensive income: sales = $256,000; costs = $155,000; other expenses = $9,300; depreciation expense = $18,700; interest expense = $14,300; taxes = $18,095; dividends = $13,700. In addition, you're told that the firm issued $6,500 in new equity during 2020 and redeemed $5,900 in outstanding long-term debt. a. What is the 2020 operating cash flow? (Omit $ sign in your response.) Operating cash flow b. What is the 2020 cash flow to creditors? (Omit $ sign in your response.) Cash flow to creditors c. What is the 2020 cash flow to shareholders? (Omit $ sign in your response.) Cash flow to shareholders d. If net fixed assets increased by $26,400 during the year, what was the addition to NWC? (Omit $ sign in your response.) Addition to NWC $ 7700 Mc Graw 79205 Snow off and on $ 13700 S 13700 < Prev 7 of 8
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