Weiland Co. shows the following information on its 2016 income statement: sales = $173,000; costs = $91,400;
Question:
Weiland Co. shows the following information on its 2016 income statement: sales = $173,000; costs = $91,400; other expenses = $5,100; depreciation expense = $12,100; interest expense = $8,900: taxes = $21,090; dividends = $9,700. In addition, you're told that the firm issued $2,900 in new equity during 2016 and redeemed $4,000 in outstanding long-term debt.
a. What is the 2016 operating cash flow?
b. What is the 2016 cash flow to creditors?
c. What is the 2016 cash flow lo stockholders?
d. If net fixed assets increased by $23,140 during the year, what was the addition to NWC?
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a To calculate the OCF we first need to construct an income statement The income statement starts with revenues and subtracts costs to arrive at EBIT ...View the full answer
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Related Book For 
Essentials of Corporate Finance
ISBN: 978-1259277214
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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