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Finance

Item1 40 points eBookHintPrintReferencesCheck my workCheck My Work button is now enabledItem 1 Nightwish Corporation shows the following information on its 2021 income statement: Sales = $244,000; Costs = $144,000; Other expenses = $7,900; Depreciation expense = $18,000; Interest expense = $13,200; Taxes = $21,315; Dividends = $10,000. In addition, youre told that the firm issued $4,700 in new equity during 2021 and redeemed $3,200 in outstanding long-term debt.

a. What is the 2021 operating cash flow? (Do not round intermediate calculations.)

b. What is the 2021 cash flow to creditors? (Do not round intermediate calculations.)

c. What is the 2021 cash flow to stockholders? (Do not round intermediate calculations.)

d. If net fixed assets increased by

$30,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.)image

\\begin{tabular}{|l|l|} \\hline a. Operating cash flow & \\\\ \\hline b. Cash flow to creditors & \\\\ \\hline c. Cash flow to stockholders & \\\\ \\hline d. Addition to NWC & \\\\ \\hline \\end{tabular}

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