Problem
TC's Software Universe has compiled the following information:
Balance Sheet
|
20X1
|
20X2
|
|
20X1
|
20X2
|
|
Cash
|
$1,300
|
$1,800
|
Accounts Payable
|
$13,500
|
$16,900
|
|
Accounts receivable
|
17,400
|
15,800
|
Long-term debt
|
38,500
|
33,000
|
|
Inventory
|
24,900
|
23,200
|
Common Stock
|
18,000
|
19,500
|
|
Net fixed assets
|
87,500
|
89,700
|
Retained earnings
|
61,100
|
61,100
|
|
Total assets
|
$131,100
|
$130,500
|
Total liabilities and equity
|
$131,100
|
$130,500
|
Income Statement 20X2
|
Net Sales
|
$142,600
|
|
Costs
|
123,700
|
|
Depreciation
|
13,700
|
|
EBIT
|
5,200
|
|
Interest
|
2,900
|
|
Taxable income
|
2,300
|
|
Taxes
|
400
|
|
Net Income
|
$1,900
|
|
Dividends paid
|
1,900
|
A) What is the operating cash flow for 20X2?
B) What is the cash flow from assets for 20X2?
C) What is the cash flow to creditors for 20X2?
D) What is the cash flow to stockholders for 20X2?