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Jetson Spacecraft Corp shows the following information on its 2016 income statement.

Sales = $196000

Costs = $104000

Other Expenses = $6800

Depreciation Expenses = $9100

Interest Expenses = $14800

Taxes = $21455

Dividends = $10400

In addition, you are told that that the firm has issued $5700 in new equity during 2016 and redeemed $7300 in outstanding long term debt

a) What is the 2016 operating cash flow of the company?

b) What is the 2016 cash flow to creditors?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92797527

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