[ e Homework 2 X i- ii X 6 $ C' Q Not secure I eztomheducation.com/hm.tpx 191' O 5 Apps * Bookmarks Q Ofce of the Regist. POCC email a 5 ways you can...

How do you calculate cash flow to creditors if you are not given long term debt? The formula of cash flow to creditors = interest paid - net new borrowing. Net new borrowing asks for ending long term debt - beginning long term debt.

[ e Homework 2 X i- ii X6 $ C' Q Not secure I eztomheducation.com/hm.tpx 191’ O 5Apps * Bookmarks Q Office of the Regist... fl POCC email a 5 ways you can use... (3) Business Intern -... Postings Texas A&M Univers... I' 10.00 points You did not receive full credit for this question in a previous attempt ‘ Titan Football Manufacturing had the following operating results for 2016: sales = $19,920; cost of goods sold = $13,840; depreciation expense = $2,230; interest expense = $275;dividends paid = $690. At the beginning ofthe year, net fixed assets were $20,800, current assets were $3,080, and current liabilities were $1,930. At the end of the year, net fixed assetswere $24,740, curren assets were $3,560, and current liabilities were $2,020. The tax rate for 2016 was 40 percent. a. What is net income for 2016? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income $ 2145 b. What is the operating cash flow for 2016? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Operating cash flow 35 4650 c. What is the cash flow from assets for 2016? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to thenearest whole number, e.g., 32.) Cash flow from assets $ -1910 Assume no new debt was issued during the year. d. What is the cash flow to creditors for 2016? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Cash flow to creditors $ 690 e. What is the cash flow to stockho ders for 2016? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to thenearest whole number, e.g., 32.) Cash flow to stockholders $ 690