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Finance Whiz Needed?


Bedrock Gravel Corp. Shows the following information on its 2005 income statement.
sales 145,000
cost 86,000
other expenses 4,900
Depreciation expense 7,000
Interest expense 15,000
taxes 12,840
divedens 8,7000
In addition, you're told that the firm issued 6,450 in new equity during 2005 and redeemed 6500 in outstanding long term debt.

A) WHAT IS 2005 CASH FLOW TO CREDITORS?

B)If net fixed assets increased by 5000 during the year, what was the addition to Net Working Capital

Useful formulas:
Interest paid- Net Borrowing = Cash flow to creditors

Answer to A is 21,500
Answer to B is 5510

If anybody could explain to me how to get those answers, that be great!

Who are creditors, what is the difference between creditors and stock-holders, any examples?

I would say get ur proffessor or teacher to tell u that. They are trained to explain things.

Dude, just buy the stock already. They make money selling rocks. How can you go wrong?

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