What was the addition to NWC

Assignment Help Financial Accounting
Reference no: EM133098699

Question - Nightwish Corporation shows the following information on its 2021 income statement: Sales = $275,000; Costs = $188,000; Other expenses = $7,900; Depreciation expense = $15,200; Interest expense = $13,600; Taxes = $17,605; Dividends = $10,500. In addition, you're told that the firm issued $5,100 in new equity during 2021 and redeemed $3,600 in outstanding long-term debt.

Required -

a. What is the 2021 operating cash flow?

b. What is the 2021 cash flow to creditors?

c. What is the 2021 cash flow to stockholders?

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

Reference no: EM133098699

Questions Cloud

Estimate the current value of the company : After this, retentions will be reduced as investment opportunities diminish 60% in year 2, Estimate the current value of the company
Calculate the unit cost of a toy for year n : Delivery charges and customer relations: 20 euros per toy sold. Calculate the unit cost of a toy for year N
Calculate cost of sales for the year : Laurier Inc. uses the periodic method and reported the following amounts for the year. Ending inventory $36000. Calculate cost of sales for the year
Culture of organization contribute to employee satisfaction : How can the culture of an organization contribute to overall employee satisfaction? What elements contribute to the overall culture of an organization?
What was the addition to NWC : Nightwish Corporation shows the following information on its 2021 income statement: Sales = $275,000; What was the addition to NWC
Evaluate equitable-legal remedies available for breach : How would court determine whether liquidated damages clause is valid? Is this clause valid? Evaluate equitable-legal remedies available for breach of contract.
How much money would the strategy save : Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent. How much money would the strategy save
Calculate the rf value of given amino acids : Preparation of permanent slide of gemmule and Hormonal control of insects metamorphosis - estimate total hardness of given water samples
What salary would she have to pay him : If Jonathon worked for his mother's sole proprietorship, what salary would she have to pay him to generate $10,000 after taxes

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd