Schwert Corp. shows the following information on its 2015 income statement: sales = $380,000; costs = $300,000; other expenses = $7,900; depreciation expense = $15,000; interest expense = $13,000; taxes = $15,435; dividends = $10,000. In addition, you’re told that the firm issued $4,500 in new equity during 2015 and redeemed $3,000 in outstanding long-term debt. (Do not round intermediate calculations.)
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 stockholders?
Cash flow to stockholders $
d. If net fixed assets increased by $20,000 during the year, what was the addition to net working capital (NWC)?
Addition to NWC $