Greene Co. shows the following information on its 2008 income statement: sales = $138,000; costs = $71,500;

Question:

Greene Co. shows the following information on its 2008 income statement: sales = $138,000; costs = $71,500; other expenses = $4,100; depreciation expense = $10,100; interest expense = $7,900; taxes = $17,760; dividends = $5,400. In addition, you're told that the firm issued $2,500 in new equity during 2008, and redeemed $3,800 in outstanding long-term debt.

a. What is the 2008 operating cash flow?

b. What is the 2008 cash flow to creditors?

c. What is the 2008 cash flow to stockholders?

d. If net fixed assets increased by $17,400 during the year, what was the addition to NWC?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials Of Corporate Finance

ISBN: 9780073405131

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

Question Posted: