Schwert Corp. shows the following information on its 2019 income statement: sales = $246,000; costs = $135,000;

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Schwert Corp. shows the following information on its 2019 income statement: sales = $246,000; costs = $135,000; other expenses = $7,100; depreciation expense = $19,100; interest expense = $10,000; taxes = $18,876; dividends = $9,800. In addition, you’re told that the firm issued $7,900 in new equity during 2019 and redeemed $6,800 in outstanding long-term debt.

a. What is the 2019 operating cash flow?

b. What is the 2019 cash flow to creditors?

c. What is the 2019 cash flow to stockholders?

d. If net fixed assets increased by $41,900 during the year, what was the addition to net working capital (NWC)?

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Related Book For  answer-question

Corporate Finance

ISBN: 978-1259918940

12th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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