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1. The 2016 balance sheet of Maria's tennis shop, Inc., showed long term debt of $2.7 million, and the 2017 balance sheet showed long term debt of $2.9 million. The 2017 income statement showed an interest expense of $95,000. What was the firm's cash flow to creditors during 2017? ( Do not round intermediate calculations. A negative answer should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Cash flow to creditors $ 2. The 2016 balance sheet of Maria's Tennis Shop, Inc., showed $450,000 in the common stock account and $2.1 million in the additional paid in surplus account. The 2017 balance sheet showed $490,000 and $2.4 million in the same two accounts, respectively. If the company paid out $400,000 in cash dividends during 2017, what was the cash flow to the stockholders for the year ? ( Do not round intermediate calculations. A negative answer should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Cash flow to stockholders $
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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