In addition youre told that the firm issued 4700 in new


Volbeat Corp. shows the following information on its 2015 income statement: sales = $244,000; costs = $144,000; other expenses = $7,900; depreciation expense = $18,000; interest expense = $13,200; taxes = $21,315; dividends = $10,000.

In addition, you're told that the firm issued $4,700 in new equity during 2015 and redeemed $3,200 in outstanding long-term debt.

a. What is the 2015 operating cash flow? (Do not round intermediate calculations.)

Operating cash flow $

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

Cash flow to creditors $

c. What is the 2015 cash flow to stockholders? (Do not round intermediate calculations.)

Cash flow to stockholders $

d. If net fixed assets increased by $30,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.)

Addition to NWC $

Request for Solution File

Ask an Expert for Answer!!
Financial Management: In addition youre told that the firm issued 4700 in new
Reference No:- TGS02844866

Expected delivery within 24 Hours