Question

account. The The 2016 income statement showed an interest expense of $101,000 and the company paid out $159,000 in cash dividends during 2016. The firm's net capital spending for 2016 was 1, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,470,000, $154,000 in the common stock account and $2,790,000 in the additional paid-in surplus December 31, 2016, balance sheet showed long-term debt of $1,720,000, $164,000 in the common stock account and $3,090,000 in the additional paid-in surplus account $1,100,000, and the firm reduced its net working capital investment by $139,000 What was the firm's cash flow to creditors during 2016? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.Enter your answer in dollars, not millions of dollars, .g., 1,234,567.1) Cash flow to creditors What was the firm's cash flow to stockholders during 2016? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in dollars, not millions of dolilars, e.g., 1,234,567) Cash flow to stockholders What was the firm's cash flow from assets during 2016? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.) Cash flow from assets What was the firm's operating cash flow during 2016? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567) Operating cash flow Hint #1

Answer 1

formulas used:

cash flow to creditors = interest expense - Net new borrowing

cash flow to stockholders' = dividends paid - net new equity

cash flow from assets = cash flow to creditors + cash flow to stockholders'

operating cash flow = cash flow from assets + Net capital spending + change in Net working capital