Calculating Total Cash Flows [LO4] Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales $196,000; costs $104,000; other expenses $6,800; depreciation expense $9,100; interest expense $14,800; taxes $21,455; dividends $10,400. In addition, you’re told that the fi rm issued $5,700 in new equity during 2009 and redeemed $7,300 in outstanding long-term debt. a. What is the 2009 operating cash fl ow? b. What is the 2009 cash fl ow to creditors? c. What is the 2009 cash fl ow to stockholders?

Calculating Total Cash Flows [LO4] Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales $196,000; costs $104,000; other expenses $6,800; depreciation expense $9,100; interest expense $14,800; taxes $21,455; dividends $10,400. In addition, you’re told that the fi rm issued $5,700 in new equity during 2009 and redeemed $7,300 in outstanding long-term debt. a. What is the 2009 operating cash fl ow? b. What is the 2009 cash fl ow to creditors? c. What is the 2009 cash fl ow to stockholders?

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter14: Security Structures And Determining Enterprise Values

Section: Chapter Questions

Problem 9EP

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