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Business, 11.02.2020 03:50 ineedhelpplz40

The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,470,000, $154,000 in the common stock account and $2,790,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed long-term debt of $1,720,000, $164,000 in the common stock account and $3,090,000 in the additional paid-in surplus account. The 2014 income statement showed an interest expense of $101,000 and the company paid out $159,000 in cash dividends during 2014. The firm’s net capital spending for 2014 was $1,100,000, and the firm reduced its net working capital investment by $139,000. (Enter your answer as directed, but do not round intermediate calculations.)

Required:
What was the cash flow to creditors during 2014?

Required:
What was the firm’s cash flow to stockholders during 2014?

Required:
What was the firm’s cash flow from assets during 2014?

Required:
What was the firm’s operating cash flow during 2014?

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The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,470,000, $154,000...

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