Square Hammer Corporation shows the following information on its 2018 income statement: Sales $212,000; Costs = $97,000;
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Square Hammer Corporation shows the following information on its 2018 income statement: Sales $212,000; Costs = $97,000;
statement: Sales $212,000; Costs = $97,000; Other expenses = $6,700; Depreciation expense = $9,000; Interest expense = $14,400; Taxes = $25,470; Dividends = $10,000. In addition, you're told that the firm issued $7,100 in new equity during 2018 and redeemed $8,700 in outstanding long-term debt. a. What is the 2018 operating cash flow? Operating cash flow b. What is the 2018 cash flow to creditors? Cash flow to creditors c. What is the 2018 cash flow to stockholders? Cash flow to stockholders
Square Hammer Corporation shows the following information on its 2018 income