Volbeat Corp. shows the following on its 2015 income statement: sales = $264,000; costs = $170,000; other expenses = $7,900; depreciation expense = $14,500; interest expense = $13,300; taxes = $20,405; dividend = $10,000. Additionally, you were told that the firm issued $4,800 of new equity in 2015 and used $3,300 as outstanding long-term debt.

A.	What is 2015 operating cash flow? (Do not round up intermediate calculations.)

Operating cash flow

$

B.	What is the 2015 cash flow to creditors? (Do not round up intermediate calculations.)

Cash flow to creditors

$

C.	What is the 2015 cash flow to shareholders? (Do not round up intermediate calculations.)

Cash flow to shareholders

$

D.	What was added to the NWC if net fixed assets increased $28,000 during the year? (Do not round up intermediate calculations.)

NWC'ye ek

$

Answer rating: 100% (QA)

Answer A To calculate operating cash flow we need to start with earnings before interest and taxes E... View the full answer