Question

Weiland Co. shows the following information on its 2016 income statement: sales = $158,500; costs = $80,800; other expenses = $4,100; depreciation expense = $9,800; interest expense = $7,300; taxes = $19,775; dividends = $7,750. In addition, you're told that the firm issued $3,700 in new equity during 2016 and redeemed $6,100 in outstanding long-term debt.
  
a. What is the 2016 operating cash flow? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Operating cash flow            $
  
b. What is the 2016 cash flow to creditors? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Cash flow to creditors            $
  
c. What is the 2016 cash flow to stockholders? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
  
Cash flow to stockholders            $
  
d. If net fixed assets increased by $20,800 during the year, what was the addition to NWC?

Answer 1

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