Question: work mode: This shows what is correct or incorrect for the work you have completed so far completion. Square Hammer Corp. shows the following information
work mode: This shows what is correct or incorrect for the work you have completed so far completion. Square Hammer Corp. shows the following information on its 2018 income statement: Sales - $305,000; Costs = $176,000; Other expenses - $8.900: Depreciation expense $18,700; Interest expense = $12.900; Taxes = $23,345; Dividends - $19,500. In addition, you're told that the firm issued $6,400 in new equity during 2018 and redeemed $4.900 in outstanding long-term debt. a. What is the 2018 operating cash flow? (Do not round intermediate calculations.) b. What is the 2018 cash flow to creditors? (Do not round intermediate calculations.) C. What is the 2018 cash flow to stockholders? (Do not round intermediate calculations.) d. If net fixed assets increased by $46,000 during the year what was the addition to NWC? (Do not round intermediate calculations.) Answer is complete but not entirely correct. b. Operating cash flow Cash flow to creditors Cash flow to stockholders Addition in NWC $ $ $ 69,855 19,600 % 5,700 955
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