What is the amount of the cash flow to creditors
Use these financial statements to answer the questions on this quiz.
Balance Sheet
2013 2014 2013 2014
Cash $ 2,400 $ 3,200 Accounts payable $ 9,400 $ 13,500
Accounts receivable 8,100 10,500 Long-term debt 31,800 27,400
Inventory 19,300 22,900 Common stock 45,000 50,000
Net fixed assets 64,800 66,100 Retained earnings 8,400 11,800
Total assets $94,600 $102,700 Total liabilities and equity $94,600 $102,700
Income Statement
Net Sales $ 128,400
Costs 101,600
Depreciation 7,400
EBIT 19,400
Interest 2,100
Taxable income 17,300
Taxes 5,900
Net Income $ 11,400
1.What is the amount of the current assets for 2014?
a. $10,500 b. $13,700 c. $29,800 d. $36,600
2.What is the change in net working capital?
a. $2,700 b. $3,900 c. $20,400 d. $23,100
3.What is the value of the net new equity raised during 2014?
a. $0 b. $3,400 c. $5,000 d. $8,400
4.What is the book value of owner- equity as of 2014?
a. $45,000 b. $50,000 c. $53,400 d. $61,800
5.What is the amount of the total dividends paid?
a. $0 b. $3,400 c. $6,400 d. $8,000
6.What is the operating cash flow?
a. $17,900 b. $18,800 c. $19,400 d. $20,900
7.What is the net capital spending?
a. $1,300 b. $4,900 c. $6,100 d. $8,700
8.What is the cash flow from assets?
a. $4,000 b. $8,100 c. $9,500 d. $10,400
9.What is the amount of the cash flow to creditors?
a. $2,700 b. $6,500 c. $7,835 d. $8,400
10.What is the amount of the cash flow to stockholders?
a. $3,000 b. $3,400 c. $5,000 d. $11,400
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