Volbeat Corp. shows the following information on its 2015 income statement: sales = $226,000; costs = $122,000; other expenses = $7,900; depreciation expense = $17,900; interest expense = $14,700; taxes = $22,225; dividends = $12,000. In addition, you’re told that the firm issued $6,200 in new equity during 2015 and redeemed $4,700 in outstanding long-term debt.
Need help with Part D: "Addition to NWC" =
a. What is the 2015 operating cash flow? (Do not round intermediate calculations.)
Operating cash flow
$73875
b. What is the 2015 cash flow to creditors? (Do not round intermediate calculations.)
Cash flow to creditors $19400
c. What is the 2015 cash flow to stockholders? (Do not round intermediate calculations.)
Cash flow to stockholders $5800
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