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1 December, 13:27

Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales = $201,000; costs = $97,000; other expenses = $5,900; depreciation expense = $8,900; interest expense = $12,800; taxes = $22,920; dividends = $9,400. In addition, you're told that the firm issued $7,200 in new equity during 2009 and redeemed $8,800 in outstanding long-term debt.

(a) What is the 2009 operating cash flow?

(b) What is the 2009 cash flow to creditors?

(c) What is the 2009 cash flow to stockholders?

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  1. 1 December, 13:55
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    A) cash flow from operating activities: 75,810

    The company generate 785,810 cash.

    B) total cash flow to creditors: 21,600

    the company used cash for 21,600 to pay his creditors

    C) cash flow to stockholders 2,200

    the company used 2,200 cash to pay his stockholders

    Explanation:

    operating activities (assuming everything is in cash)

    sales 201,000

    COGS (97,000)

    other (5,900)

    taxes (22,920)

    cash flwo from operating activities: 75,810

    cash flow to creditors:

    8,800 installment

    12,800 interest

    total cash outflow to creditors: 21,600

    stockholerds:

    dividends 9,400

    issued (7,200)

    total 2,200

    cash outflow to stockholders 2,200
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