Question: solve this problem 6 Problem 2-13 Calculating Total Cash Flows (L04) 10 points eBook Nightwish Corporation shows the following information on its 2021 income statement:
6 Problem 2-13 Calculating Total Cash Flows (L04) 10 points eBook Nightwish Corporation shows the following information on its 2021 income statement: Sales = $394,000; Costs = $300,000; Other expenses = $7.900; Depreciation expense = $19,500: Interest expense = $13,400; Taxes = $18,620; Dividends = $10,500. In addition, you're told that the firm issued $4,900 in new equity during 2021 and redeemed $3,400 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 $25,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.) Print References a. Operating cash flow b. Cash flow to creditors c. Cash flow to stockholders d. Addition to NWC
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
