Reference no: EM132395191

Class: Financial management

Problem2-15 calculating Total cash flows

Schwert Corp shows the following on its 2017 income statement.

                                                                    $

Sales                                                         206,000

Costs                                                         123,000

Other expenses                                          7900

Depreciation expense                                 14,000

Interest expense                                        13,100

Taxes                                                        16,800

Dividends                                                  10,000

In addition, you are told that the firm issued $4,600 in new equity during 2017 and redeemed $ 3,100 in outstanding long-term debt.

1. What was the 2017 operating cash flow?

2. What was the 2017 cash flow to creditors?

3. What was the 2017 cash flow to stockholders?

4. If net fixed assets increased by $ 22,000 during the year, what was the addition to NWC?