The December 31, 2018, balance sheet of Whelan, Inc., showed long-term debt of $1,380,000, $136,000 in the common stock
Posted: Mon May 30, 2022 6:39 am
The December 31, 2018, balance sheet of Whelan, Inc., showed
long-term debt of $1,380,000, $136,000 in the common stock account,
and $2,610,000 in the additional paid-in surplus account. The
December 31, 2019, balance sheet showed long-term debt of
$1,540,000, $146,000 in the common stock account, and $2,910,000 in
the additional paid-in surplus account. The 2019 income statement
showed an interest expense of $92,000 and the company paid out
$141,000 in cash dividends during 2019. The firm’s net capital
spending for 2019 was $920,000, and the firm reduced its net
working capital investment by $121,000. What was the firm's
cash flow to creditors during 2019? (A negative answer should be
indicated by a minus sign. Do not round intermediate calculations
and round your answer to the nearest whole number, e.g.,
1,234,567.) What was the firm’s cash flow to
stockholders during 2019? (A negative answer should be indicated by
a minus sign. Do not round intermediate calculations and round your
answer to the nearest whole number, e.g., 1,234,567.)
What was the firm’s cash flow from assets during 2019? (A
negative answer should be indicated by a minus sign. Do not round
intermediate calculations and round your answer to the nearest
whole number, e.g., 1,234,567.) What was the
firm’s operating cash flow during 2019? (Do not round intermediate
calculations and round your answer to the nearest whole number,
e.g., 1,234,567.)
long-term debt of $1,380,000, $136,000 in the common stock account,
and $2,610,000 in the additional paid-in surplus account. The
December 31, 2019, balance sheet showed long-term debt of
$1,540,000, $146,000 in the common stock account, and $2,910,000 in
the additional paid-in surplus account. The 2019 income statement
showed an interest expense of $92,000 and the company paid out
$141,000 in cash dividends during 2019. The firm’s net capital
spending for 2019 was $920,000, and the firm reduced its net
working capital investment by $121,000. What was the firm's
cash flow to creditors during 2019? (A negative answer should be
indicated by a minus sign. Do not round intermediate calculations
and round your answer to the nearest whole number, e.g.,
1,234,567.) What was the firm’s cash flow to
stockholders during 2019? (A negative answer should be indicated by
a minus sign. Do not round intermediate calculations and round your
answer to the nearest whole number, e.g., 1,234,567.)
What was the firm’s cash flow from assets during 2019? (A
negative answer should be indicated by a minus sign. Do not round
intermediate calculations and round your answer to the nearest
whole number, e.g., 1,234,567.) What was the
firm’s operating cash flow during 2019? (Do not round intermediate
calculations and round your answer to the nearest whole number,
e.g., 1,234,567.)