Question: Problem 2 - 1 3 Calculating Total Cash Flows [ LO 4 ] Jansen Corporation shows the following information on its 2 0 2 4

Problem 2-13 Calculating Total Cash Flows [LO4]
Jansen Corporation shows the following information on its 2024 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 2024 and redeemed $3,200 in outstanding long-term debt.
a. What is the 2024 operating cash flow?
Note: Do not round intermediate calculations.
b. What is the 2024 cash flow to creditors?
Note: Do not round intermediate calculations.
c. What is the 2024 cash flow to stockholders?
Note: Do not round intermediate calculations.
d. If net fixed assets increased by $30,000 during the year, what was the addition to NWC?
Note: Do not round intermediate calculations.
\table[[a. Operating cash flow,$,70,785],[b. Cash flow to creditors,,],[c. Cash flow to stockholders,$,],[d. Addition to NWC,,]]
 Problem 2-13 Calculating Total Cash Flows [LO4] Jansen Corporation shows the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!