Schwert Corp. shows the following information on its 2015 incomestatement: sales = $215,000; costs = $117,000; other expenses =$6,700; depreciation expense = $18,400; interest expense = $10,000;taxes = $25,370; dividends = $9,500. In addition, you’re told thatthe firm issued $8,100 in new equity during 2015 and redeemed$7,200 in outstanding long-term debt.
Part a: what is the 2015 operating cashflow?
Part b: What is the 2015 cash flow tocreditors?
Part c: What is the 2015 cash flow tostockholders?
Part d: If net fixed assets increased by$28,400 during the year, what was the addition to net workingcapital (NWC)?
Schwert Corp. shows the following information on its 2015 income statement: sales = $215,000; costs = $117,000; other ex
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