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Gulf Corp. shows the following information on its 2015 income statement.

Account                              Balances

Sales                                  $550,000

Cost Of Goods Sold         $260,000

Other expenses                $65,000

Depreciation Expense      $31,000

Interest Expense               $73,000

Taxes                                   $58,000

Dividends                            $74,000

In addition, you are told that the firm issued $62,500 in new equity during 2015, and redeemed $42,000 in outstanding long-term debt.

a) What is the 2015 operating cash flow? Operating cash flow = $---------

b) What is the 2015 cash flow to creditors? Cash flow to creditors = $---------

c) What is the 2015 cash flow to shareholders? Cash flow to shareholders = $---------

d) If net fixed assets increased by $9,000 during the year, what was the addition to NWC? Adding to NWC = $ -------

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