What was the firms cash flow to creditors

Assignment Help Financial Management

Reference no: EM131447115

The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,385,000, and the December 31, 2016, balance sheet showed long-term debt of $1,550,000. The 2016 income statement showed an interest expense of $92,500.

What was the firm's cash flow to creditors during 2016?

Reference no: EM131447115

Questions Cloud

Skateboards sales are expected to increase : Broussard Skateboard's sales are expected to increase by 25% from $7.6 million in 2016 to $9.50 million in 2017. Its assets totaled $5 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as proj..

Estimate the task and record your instructions as a podcast : Message Strategies: Providing Routine Information; Media Skills: Podcasting. As a training specialist in Winnebago Industry's human resources department, you're always on the lookout for new ways to help employees learn vital job skills.

Contrast and compare the auto with the norm triggering mode : ECE 3200- Contrast and compare the AUTO with NORM triggering mode. Define, discuss, and explain differences between precision, accuracy, resolution, sensitivity, and range as they pertain to measurements or measuring instruments.

What was the cash flow to stockholders for the year : The December 31, 2015, balance sheet of Schism, Inc., showed $146,000 in the common stock account and $2,710,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed $156,000 and $3,010,000 in the same two accounts, ..

What was the firms cash flow to creditors : The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,385,000, and the December 31, 2016, balance sheet showed long-term debt of $1,550,000. The 2016 income statement showed an interest expense of $92,500. What was the fir..

Identify the most suitable definition of the industry : A good way to identify the most suitable definition of the industry is to compare your company with other companies in the following key categories: types of suppliers; types of buyers; and processes by which value is added to your primary product..

Primary emphasis of each of groups in evaluating ratios : Financial ratio analysis is conducted by managers, equity investors, long-term creditors, and short-term creditors. What is the primary emphasis of each of these groups in evaluating ratios?

Generate a random reference string of length : COSC 3406 - Generate a random reference string of length 30 and Draw a graph and show the relationship between number of frames vs number of page fault.

Review the advice on good listening skills : Message Strategies: Providing Routine Information. You are normally an easygoing manager who gives your employees a lot of leeway in using their own personal communication styles.

User Account

All Pages