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Calculating the Cash Flow to Creditors

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The 2010 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.9 million, and the 2011 balance sheet showed long-term debt of $3.2 million. The 2011 income statement showed an interest expense of $100,000.

What was the firm's cash flow to creditors during 2011? (Negative amount should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, i.e. 1,234,567.)

Cash flow to creditors $

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Solution Summary

The solution gived detailed steps on calculating the Cash Flow to creditors. All formula and calculations are shown and explained.

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See Also This Related BrainMass Solution

Calculating Cash Flows

Titan Football Manufacturing had he following operating results for 2014: sales=23,730, cost of goods sold= 16,780, depreciation expense=2,840, interet expense=414, dividends paid =616, At the begining of the year, net fixed asset were 16,560, current assets were 2,940, and current liabilities were 2,592. At the end of the year, net fixed assets were 18,840, current assets were 3,528 and current liabilities were 2,484. The tax rate for 2014 was 35 percent
A .What is the net income for 2014
B. What is the operating cash flow for 2014
C. What is the cash flow from assets for 2014?
D. If no new debt was issued during the year, what is the cash flow to creditors? What is the cash flow to stockholders?

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