Gulf Corp. shows the following information on its 2015 income statement.
Account Balances
Sales $550,000
Cost Of Goods Sold $260,000
Other expenses $65,000
Depreciation Expense $31,000
Interest Expense $73,000
Taxes $58,000
Dividends $74,000
In addition, you are told that the firm issued $62,500 in new equity during 2015, and redeemed $42,000 in outstanding long-term debt.
a) What is the 2015 operating cash flow? Operating cash flow = $---------
b) What is the 2015 cash flow to creditors? Cash flow to creditors = $---------
c) What is the 2015 cash flow to shareholders? Cash flow to shareholders = $---------
d) If net fixed assets increased by $9,000 during the year, what was the addition to NWC? Adding to NWC = $ -------