# Calculate the cash flow from assets cash flow to creditors

Sigchi4life
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Question description

 Jetson Spacecraft Corp. shows the following information on its 2011 income statement: sales = \$231,000; costs = \$135,000; other expenses = \$7,900; depreciation expense = \$14,400; interest expense = \$14,300; taxes = \$20,790; dividends = \$11,500. In addition, you’re told that the firm issued \$5,800 in new equity during 2011 and redeemed \$4,300 in outstanding long-term debt.

 a. What is the 2011 operating cash flow?

 Operating cash flow \$

 b. What is the 2011 cash flow to creditors?

 Cash flow to creditors \$

 c. What is the 2011 cash flow to stockholders?

 Cash flow to stockholders \$

 d. If net fixed assets increased by \$28,000 during the year, what was the addition to NWC?
 Addition to NWC \$

 Prepare a 2011 balance sheet for Cornell Corp. based on the following information: cash = \$131,000; patents and copyrights = \$630,000; accounts payable = \$212,000; accounts receivable = \$107,500; tangible net fixed assets = \$1,630,000; inventory = \$295,000; notes payable = \$180,000; accumulated retained earnings = \$1,270,000; long-term debt = \$849,000. (Be sure to list the accounts in order of their liquidity.)

 CORNELL COP.Balance Sheet Assets (Click to select)Accounts payableAccounts receivableCashInventoryNotes payable \$ (Click to select)Accounts receivableAccounts payableNotes payableTangible net fixed assetsIntangible net fixed assets (Click to select)Accounts receivableAccounts payableInventoryCashCommon stock Current assets \$ (Click to select)Accounts payableAccounts receivableIntangible net fixed assetsInventoryTangible net fixed assets (Click to select)Tangible net fixed assetsAccumulated retained earningsIntangible net fixed assetsNotes receivableCommon stock Total assets \$ Liabilities (Click to select)Long-term debtAccounts payableNotes payableAccumulated retained earningsAccounts receivable \$ (Click to select)Accumulated retained earningsCommon stockLong-term debtNotes receivableNotes payable Current liabilities \$ (Click to select)Accounts payableAccounts receivableCashInventoryLong-term debt Total liabilities \$ (Click to select)Notes payableCommon stockNotes receivableAccounts payableAccounts receivable (Click to select)Common stockCashAccumulated retained earningsNotes payableAccounts payable Total liabilities & owners' equity \$

 Use the following information for Taco Swell, Inc., (assume the tax rate is 30 percent):
 2010 2011 Sales \$ 13,073 \$ 13,836 Depreciation 1,691 1,766 Cost of goods sold 4,129 4,737 Other expenses 961 839 Interest 810 941 Cash 6,112 6,556 Accounts receivable 8,070 9,517 Short-term notes payable 1,200 1,177 Long-term debt 20,410 24,711 Net fixed assets 50,954 55,660 Accounts payable 4,432 4,734 Inventory 14,334 15,318 Dividends 1,100 1,648

 For 2011, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders.(Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)

 Cash flow from assets \$ Cash flow to creditors \$ Cash flow to stockholders \$

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