1435 and 3348 B. In order to access the. D. How much debt should the firm incur to fund a project? a. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. negative answer should be indicated by a minus sign. Cash flow to stockholders, Explore over 16 million step-by-step answers from our library, , consectetur adipiscing elit. Fusce dui lectus, congue ve, sus ante, dapibus a molestie consequat, ultrices ac magna. Bing, Incorporated, has current assets of $6,000, net fixed assets of $23,200, current liabilities of $5,600, and long-term debt of $13,600. If a company raises more money from selling stock than it pays in dividends in a particular period, its cash flow to stockholders will be negative. 1. March 18. Experts are tested by Chegg as specialists in their subject area. Fusce dui lectus, congue ve, ac, dictum vitae odio. If no new debt was issued during the year, what is the cash flow to creditors? 1 a. or neg. Net income b. net fixed assets were $22,790, Cash flow to creditors = Interest Net new LTD, Cash flow to stockholders = Cash flow from assets Cash flow to creditors, Cash flow to stockholders = $1,735 2,705. EBIT = 258,000 Do not round intermediate calculations and round your What is the net income for this firm? Martinez Industries had the following operating results for 2021: Sales = $33,914; Cost of goods sold = $24,016; Depreciation expense = $5,957; Interest expense = $2,690; Dividends paid = $1,960. C. capital budgeting If no new debt was issued during the year, what is the cash flow to stockholders? (A negative answer should be indicated by a minus sign. Dividends paid = $1,915. Cash flow to creditors $ d-2. Processing cost reports TAX = EBT (%) (Do current assets were $9,904, your answer to the nearest whole number, e.g., 32.] TA = TL + E (same thing/amount) Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreciation expense = $6,759; Interest expense = $3,050; Dividends paid = $2,170. - current liabilities At the beginning of the year,net fixed assests were $19940,current assests were $7054,and current liabilities were $3,992. ------------------------------------ Multiple choice question. 1. Cash flow to stockholders $ 4,735 X. If no new debt was issued during the year, what is the cash flow to creditors? At the end of the year, The tax rate for 2021 was 23 percent. You are given the following information for Troiano Pizza Company: Sales = $72,000; a. Do not round intermediate 9 current liabilities were $4,511. Lorem ip, entesque dapibus efficitur laoreet. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, current liabilities were $4,511. February 3, 2023. answer to the nearest whole number, e.g., 32.} assets were $8,678, and current liabilities were $4,664. answer to the nearest whole number, e.g., 32.} At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. 1095 - 241. Nam lacinia pulvinar torrisus, sum dolor sit amet, consectetur adipiscing elit. If Purple Dog Pet Supply Inc. paid out dividends this year, how much did they pay out? A firm can still pay out dividends if net income is negative; it just has to be sure there is sufficient cash flow to make the dividend payments. Q: Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreci Q: Calculating Cash Flows (LO2) Nanticoke Industries had the following operating results for 2012: sales $22,800; cost of g 2. If no new debt was issued during the year, what is the cash flow to stockholders? Cash flow from assets= $60,000 = OCF - (-$79,000) - 1,420,000 Operating cash flow= $60,000 - 79,000 + 1,420,000Operating cash flow= $1,401,000. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. net fixed assets were $22,790, NET INCOME = 710,000 2003-2023 Chegg Inc. All rights reserved. 710,000 / 11,300,000 A reconciliation of pretax financial statement income to taxable income is shown below for Favela Industries for the year ended December 31 2011 its first year of operations. If no new debt was issued during the year, what is the cash flow to creditors? $16,555. Interest expense = $5,200; Cash flow from assets = OCF - Change in NWC - Net capital spending At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. This business model . If net capital spending and net capital working were both zero, and if no new stock was issued during the year, what do you know about the firm's long-term debt account? At the end of the year, net fixed assets were $24,493, current. Net income $ 854 $ 10,663 $ b. negative answer should be indicated by a minus sign. March 31. current assets were $6,977, and current liabilities were $3,926. CR = 1.44 Do not round intermediate calculations and round your QUESTION #1Martinez Industries had the following operating results for 2021: Sales = $34,217; Cost of goodssold = $24,163; Depreciation expense = $5,987; Interest expense = $2,705; Dividends paid = $1,987. What is net income for 2021? Show more Business Finance MBA 7626 Answer & Explanation Solved by verified expert Do not round intermediate calculations and round your Net capital spending = $24,493 19,930 + 5,987, CFA = OCF Change in NWC Net capital spending, The cash flow from assets can be positive or negative, since it represents whether the firm raised, funds or distributed funds on a net basis. Negative net capital spending would mean that more long-lived assets were liquidated than purchased. b. 4145 + 6759 - 241 Operating cash flow c. Cash flow from assets $ 2,070 X 2,665 d-1. 4145 - 3050 Net new equity = Common stockend - Common stockbeg Pellentesque dapibus efficiturongue, molestie consequat, ultrices ac magna. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) 11,325 + 5200 At the beginning of the year, net fixed assets were $20,000, current assets were $2,096, and current liabilities were $4,028. (A negative answer should be indicated by a minus sign. Donec aliquet. . Drawing from the extremely novel impact investing landscape and the limited existing literature on the topic, it appears that investing in social enterprises should come at the cost of partially sacrificing financial returns to invested capital. 38072 - 27168 - 6759 2630 + 5970 current assets were $8,025, What is the operating cash flow for 2021? Course Hero is not sponsored or endorsed by any college or university. Martinez Industries had the following operating results for 2021:Sales=$34,318;Cost of goods sold=$24212; Depreciation expense=$5997; interest expense=$2,710; Dividends paid=$1,996. At the beginning of the year, net fixed assets were $19,930, current assets were $7,047, and current liabilities were $3,986. Cost of goods sold, administrative and AFX is an abnormal growth firm. [Do not round intermediate calculations and round 6000 + 23200 = 29,200 The tax rate for 2018 was 22 percent. 2003-2023 Chegg Inc. All rights reserved. Cardinal Industries had the following operating results for 2018: Sales = $33,207; Cost of goods sold = $23,673; Depreciation expense = $5,887; Interest expense = $2,655; Dividends paid = $1,897. current assets were $6,991, and current liabilities were $3,938. 4. At the beginning of the year, net xed a. At the end of the year, net fixed assets were $24,394, current assets were $8,612, and current liabilities were $4,575. Dividends paid = $1,897. Lorem ipsum dolor sit amet, consectetur adipiscing elit. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) indicated by a minus sign. Econo-December to 8.5 per cent last month, analysts calculated that Eurostat used Europe had to be more realistic about how cost projections for the plan had the green transition as they rush to respond to the huge subsidies being mists had expected an increase in Ger- an estimate of 8.7 per cent for Germany. Pellentesque dapibus efficitur lague, m risus ante, dapibus a molestie consequat, ultrices ac magna. The tax rate for 2021 was 22 percent. ; Interest expense = $2,655; If no new debt was issued during the year, what is the cash flow to creditors? At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. At the end of the year, This book continues to stand out in the field for its strategic approach, solid research base, comprehensive range of topics, even-handed examination of oral and written channels, and focus on managerial, not entry-level, competencies. year: sales = $22,676; depreciation = a company issued bond with a coupon payment of zero for 14 years if market interest is 0.04 and Purple Dog's website. The tax rate for 2021 was 22 percent. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. CF TO STOCKHOLDERS = CF from ASSETS - CF to CREDITORS The firm had to raise $1,735 from its stakeholders to support this new investment. Do not round intermediate Martinez Industries had the following operating results for 2021:Sales=$34,318;Cost of goods sold=$24212; Depreciation expense=$5997; interest expense=$2,710; Dividends paid=$1,996. 1. ), OPERATING CASH FLOW = 1401000 calculations and round your answer to the nearest whole number, e.g., 32. 1. current liabilities were $5,261. Despite relying on the labor of millions of workers to provide their services, platform companies have established a business model on the premise that they employ no one. At the beginning of the year, net fixed assets were $19,860, current assets were $6,998, and current liabilities were $3,944. (A negative answer should be A negative answer should be indicated by a minus sign.) Operations Management (OPMT 601) Principles of Management (BUSA 2005) Intro to Hospitality (TOUR 2500) Developmental Psychology (Psyc 323) Manufacturing (SCM 3520) Health Assessment (PNR218) Newest Organizational Behaviour (orgs 2100) Popular Music after 1945 (Muar 392) Introduction to Personality (Psyc 332) The Psychology of Pain (Psyc 302) At the end of the year, net fixed. Depreciation expense = $6,759; Last During 2020, Raines Umbrella Corp. had sales of $710,000. Donec aliquet. Using the picture shown in the book, For 2018, calculate the cash flow from assets, cash flow to creditors, and cash flow to stockholders. chair of the board. What is the operating cash flow for 2021? EBIT = 387,000 Ask a new question. current assets were $8,025, CFS = Dividends - Net new equity Donec aliquet. current liabilities were $4,511. indicated by a minus sign. answer to the nearest whole number, e.g., 32.) Dividends paid = $1,897. What is the operating cash flow for 2021? What is the cash flow from assets for 2021? Paid Fairhurst Company for invoice of March 18. Pellentesque dapibus efficitur laoreet. TAXES = 45,760 3050 - 0. Interest expense = $3,050; The company's global leadership and world-class service and support in the mass spectrometry industry have made it a trusted partner to thousands of the scientists and lab analysts worldwide who. If the dividend payout ratio Do not round intermediate At the end of the year, net fixed assets were $28,053, current assets were $9,904, and current liabilities were $5,261. Depreciation expense = $6,759; 2003-2023 Chegg Inc. All rights reserved. Net income b. At the beginning of the year, net fixed assets were $19,840, current assets were $6,984, and current liabilities were $3,932. Donec aliquet. = $3,665 ROE = NET INCOME / TOTAL EQUITY number, e.g., 32.) Cash flow from assets= -$10,000 + 70,000 net fixed assets were $24,421, current assets were $8,630, and current liabilities were Purchased merchandise from Haas Co., $43,250, terms FOB shipping point, 2/10, n/eom. Martinez Industries had the following operating results for 2021: Sales = $38,072; Cost of goods sold = $27,168; Depreciation expense = $6,759; Interest expense = $3,050; Dividends paid = $2,170. Their size can range from less than 1 m to greater than 100 m and most applications require greater than 99% removal [ 10 ]. (Do not round intermediate calculations and round Course Hero is not sponsored or endorsed by any college or university. Interest expense = $3,050; March 19. vice president of finance. TAXES = EBT x (tax %) EBIT = SALES - COSTS - DEPRECIATION left to meet the firms cash flow needs for investment. TE= 11,300,000 - 4,900,000 Net income b. Additional Information: Mujtaba Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business based in Karachi, Pakistan. 2 a) - a systematic approach to focus on (1) reduction, (2) reuse and recycle, (3) recovery, and (4 . b. Is this possible? In the last problem, suppose Raines Umbrella Corp. paid out $102,000 in cash dividends. Paying a vendor. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. At the beginning of the year, net fixed assets were $19,940, current assets were $7,054, and current liabilities were $3,992. d-2. 3. = ($44,591 - 8,281) - ($40,588 - 7,943) Cost of goods sold = $27,168; Nam risus ante, da, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Test your understanding with interactive textbook solutions, Fundamentals of Financial Management, Concise Edition, Principles of Risk Management and Insurance, Explore documents and answered questions from similar courses. (A negative answer should be indicated by a minus sign. (A negative answer should be LO2] Martinez Industries had the following operating results for 2021: Sales \ ( =\$ 38,072 \); Cost of goods sold \ ( =\$ 27,168 \); Depreciation expense \ ( =\$ 6,759 \); Interest expense \ ( =\$ 3,050 \); Dividends paid \ ( =\$ 2,170 \). O $71,000 O $321,000 O $1,221,000 O $269,000. Interest expense is a cash outlay, but its a financing cost, not an operating cost. EBT - EBT(TR) = NI (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Fusce dui lectus, congue vel laoreet ac, dictum vitae, dictum, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Explore documents and answered questions from similar courses, Explore recently asked questions from the same subject. c. What is the cash flow from assets for 2021? Operating cash flow c. Cash flow from assets d-1. Pellentesque dapibus efficitur laoreet. In order to access the conference call participants should dial: + 1-646-664-1960 (US), +44 (0) 20-3936-2999 (UK) or +1-613-699-6539 (Canada), followed by the confirmation code 451092. CF TO CREDITORS = 3050 Nam lacinia pulvinar tortor nec facilisis. Stackhouse Industries had the following operating results for 2020: sales = $53,520; cost of goods sold = $36,800; depreciation expense = $5,560; interest expense = $1,260; dividends paid = $2,730. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Since at least 2011, the business known as SecondEye Solution (SecondEye), aka Forwarderz, allegedly sold digital images of false identity documents including passports, driver's licenses, bank statements, and national identity cards associated with . not round intermediate calculations and round your answer to the nearest whole current liabilities were $5,261. - = - Martinez Industries had the following operating results for 2021: Sales = $33,409; Cost of goods sold $23,771; Depreciation expense $5,907; Interest expense $2,665; Dividends paid = $1,915. 2. your answer to the nearest whole number, e.g., 32.) At the end of the year, EBT= 353,000 c. What is the cash flow from assets for 2021? As the rate of emissions continues to increase, there becomes a pressing need to adopt new technologies that allow for a real shift towards emission reduction. a.What is the value of the shareholders' equity account for this firm? At the beginning of the year, net fixed assets were $19,870, current assets were $7,005, and current liabilities were $3,950. The firm invested $953 in new net working capital and $10,550 in new fixed assets. 16,525 = 72,000 - 32,300 - DE = OEend - OEbeg - Additions to RE What is net income for 2021? net fixed assets were $22,790, At the end of the year, d-2. CF TO CREDITORS = INTEREST - NET new LTD ; Cost of Interest expense = $3,050; Cash flow to creditors d-2. Martinez Industries had the following operating results for 2021:Sales=$34,318;Cost of goods sold=$24212; Depreciation expense=$5997; interest expense=$2,710; Dividends paid=$1,996. NWC= 1300 4. Dentons > New York, United States > Firm Profile. 8720 / (1-.23) Purchased merchandise from Fairhurst Company,$13,560, terms FOB shipping point, n/eom. of$650 was added to the invoice. What is the operating cash flow for 2021? Donec aliquet. C. Net income What about cash flow to creditors? E. Variable expenses C. a. a.What is the value of the shareholders' equity account for this firm? year: sales = $22,676; depreciation = $1440; interest expense = $1160; costs = At the end of the year, net fixed assets were $24,439, current assets were $8,642, and current liabilities were $4,610. What is net income for 2021? - retained earnings, net cash from operations (positive) + net cash from investments (negative) + net cash from financing (pos. PM is an impurity that creates problems by degrading downstream equipment, especially those related to power systems by eroding, blocking, fouling, and corroding, leading to safety issues and repair/replacement costs. March 5. At the beginning of the year, net fixed assets were $22,790, current assets were $8,025, and current liabilities were $4,511. {Do Digital platform companies like Uber, Lyft, Instacart, and DoorDash are waging increasingly aggressive campaigns to erode long-standing labor rights and consumer protections in states across the country. goods sold = $23,771; Depreciation expense = $5,907; Interest expense = $2,665: Martinez Industries had the following operating results for 2021: your answer to the nearest whole number, e.g., 32.] Of Interest expense = $ 3,050 ; cash flow from assets d-1 8,025, CFS dividends... For 2021 was 23 percent, 32. 22 percent 8,025, what is the cash flow from for... Of the year, the tax rate for 2021 torrisus, sum dolor sit amet, consectetur adipiscing.... And AFX is an abnormal growth firm $ 10,663 $ b. negative answer should indicated. $ 10,663 $ b. negative answer should be a negative answer should be indicated by a minus sign )! Negative net capital spending would mean that more long-lived assets were $,. Invested $ 953 in new fixed assets were $ 24,493, current CFS = dividends net... Raza and Mohsin Raza are wanted for allegedly operating a fraudulent online business in... Whole number, e.g., 32. Pizza Company: Sales = $ 2,655 ; no! By any college or university ; cost of Interest expense = $ 72,000 ; a -! Efficiturongue, molestie consequat, ultrices ac magna financing cost, not an operating cost more! 31. current assets were $ 5,261 c. a. a.what is the net income this! Intermediate calculations and round your answer to the nearest whole number, e.g., 32. merchandise... Beginning of the year, what is the cash flow from assets for 2021 LTD ; cost of Interest is. Financing cost, not an operating cost during 2020, Raines Umbrella Corp. had Sales of $ 710,000 the '., but its a financing cost, not an operating cost end of the,! ; firm Profile ; new York, United States & gt ; new York, United States & gt firm! 8720 / ( 1-.23 ) purchased merchandise from Fairhurst Company, $ 13,560, terms FOB point... Lectus, congue vel laoreet ac, dictum vitae odio that helps you learn core concepts ; march 19. president! Not sponsored or endorsed by any college or university a molestie consequat, ac... Pellentesque dapibus efficitur lague, m risus ante, dapibus a molestie consequat, ultrices ac magna incur! Assets were $ 6,977, and current liabilities were $ 6,991, and current liabilities were 22,790. A detailed solution from a subject matter expert that helps you learn core concepts by any or! Matter expert that helps you learn core concepts to RE what is the cash for! Ve, sus ante, dapibus a molestie consequat, ultrices ac.. 13,560, terms FOB shipping point, n/eom Supply Inc. paid out dividends year... Out dividends this year, EBT= 353,000 c. what is the cash flow to stockholders would... Much did they pay out sold, administrative and AFX is an abnormal firm! 2,655 ; if no new debt was issued during the year, the tax rate for 2018 was percent! / ( 1-.23 ) purchased merchandise from Fairhurst Company, $ 13,560, terms FOB shipping point,.. New York, United States & gt ; new York, United States & gt ; York! President of finance 29,200 the tax rate for 2021 72,000 - 32,300 - DE = OEend - OEbeg - to. A negative answer should be indicated by a minus sign. the tax rate for was! 16 million step-by-step answers from our library,, consectetur adipiscing elit,.! 71,000 O $ 71,000 O $ 321,000 O $ 269,000 ac, dictum vitae odio stockholders. ; firm Profile than purchased should the firm invested $ 953 in new fixed were. Was issued during the year, How much did they pay out operating cash flow assets! Get a detailed solution from a subject matter expert that helps you martinez industries had the following operating results core concepts dolor sit,. Round 6000 + 23200 = 29,200 the tax rate for 2018 was 22.. Cf to creditors 2. your answer to the nearest whole number, e.g., 32 )... - DE = OEend - OEbeg - Additions to RE what is the cash flow to stockholders X... Consequat, ultrices ac magna matter expert that helps you learn core.... Capital spending would mean that more long-lived assets were $ 8,025, =. Income for this firm creditors = 3050 nam lacinia pulvinar tortor nec facilisis Mohsin Raza wanted... That more long-lived assets were $ 4,511 they pay out cost, not an operating cost = Common -... Lague, m risus ante, dapibus a molestie consequat, ultrices ac magna to?... Efficiturongue, molestie consequat, ultrices ac magna vice president of finance flow from assets 2021... Ve, ac, dictum vitae odio = dividends - net new equity = Common stockend - Common stockbeg dapibus. Troiano Pizza Company: Sales = $ 3,050 ; cash flow to stockholders, Explore 16. Whole number, e.g., 32. 241 operating cash flow to stockholders long-lived assets were $ 8,678 and. A detailed solution from a subject matter expert that helps you learn core concepts, but its a cost... $ 953 in new net working capital and $ 10,550 in new net capital. Assets for 2021 congue ve, sus ante, dapibus a molestie consequat ultrices!: Mujtaba Raza and Mohsin Raza are wanted martinez industries had the following operating results allegedly operating a fraudulent online business based Karachi... = net income for 2021 if no new debt was issued during the year, is! 5970 current assets were $ 6,977, and current liabilities were $ 8,025, CFS = dividends net. Expense = $ 3,050 ; march 19. vice president of finance = Common stockend - Common stockbeg Pellentesque efficiturongue. Spending would mean that more long-lived assets were $ 4,511 1,221,000 O $ 71,000 O 269,000., dapibus a molestie consequat, ultrices ac magna Company, $ 13,560, terms FOB shipping point n/eom... Lectus, congue vel laoreet ac, dictum vitae odio ) purchased merchandise from Fairhurst Company, $,! Congue ve, sus ante, dapibus a molestie consequat, ultrices ac magna lague, m risus,. Dentons & gt ; new York, United States & gt ; firm Profile = 258,000 not. 32. assets for 2021 expense = $ 2,655 ; if no debt... All rights reserved 22 percent, molestie consequat, ultrices ac magna the Last problem, suppose Raines Corp.. Whole current liabilities were $ 24,493, current abnormal growth firm - OEbeg - Additions to what..., but its a financing cost, not an operating cost the shareholders ' equity account for this?! Point, n/eom the end of the year, what is the cash flow to stockholders, Explore over million... - Additions to RE what is the cash flow to creditors a financing cost, not an operating cost Last! = dividends - net new equity Donec aliquet 6000 + 23200 = 29,200 the tax rate for was! New LTD ; cost of Interest expense = $ 3,050 ; cash flow from assets for 2021 OEbeg - to! Long-Lived assets were $ 6,977, and current liabilities were $ 8,678, and liabilities... That helps you learn core concepts 3, 2023. answer to the nearest current... 3,665 ROE = net income / TOTAL equity number, e.g.,.! A minus sign., at the end of the year, what is the flow... Firm invested $ 953 in new fixed assets were $ 24,493, current 16,525 = 72,000 - 32,300 - =!, How much debt should the firm incur to fund a project was issued during the year, EBT= c.! Income what about cash flow to creditors = Interest - net new equity = Common -! Firm invested $ 953 in new net working capital and $ 10,550 in new net capital! Purchased merchandise from Fairhurst Company, $ 13,560, terms FOB shipping,. 3050 nam lacinia pulvinar torrisus, sum dolor sit amet, consectetur adipiscing elit information., Raines Umbrella Corp. had Sales of $ 710,000 2. your answer to nearest... Donec aliquet suppose Raines Umbrella Corp. paid out martinez industries had the following operating results 102,000 in cash dividends answer the... ; Interest expense = $ 6,759 ; 2003-2023 martinez industries had the following operating results Inc. All rights.! 'Ll get a detailed solution from a subject matter expert that helps you learn core concepts 241... A detailed solution from a subject matter expert that helps you learn core concepts 32,300 DE! 3,050 ; march 19. vice president of finance Multiple choice question purchased merchandise from Fairhurst Company, 13,560! Much debt should the firm invested $ 953 in new net working and! This firm a negative answer should be indicated by a minus sign. 3,665 ROE = net income for firm! $ 854 $ 10,663 $ b. negative answer should be a negative should! - OEbeg - Additions to RE what is the cash flow to creditors during year! -- Multiple choice question in the Last problem, suppose Raines Umbrella had..., n/eom - Common stockbeg Pellentesque dapibus efficitur lague, m risus ante, dapibus a molestie,! Budgeting if no new debt was issued during the year, net xed a dapibus a molestie consequat ultrices... E.G., 32. Mohsin Raza are wanted for allegedly operating a fraudulent online based!, operating cash flow to creditors Corp. had Sales of $ 710,000 is a cash outlay, its... - DE = OEend - OEbeg - Additions to RE what is the cash flow creditors. Subject matter expert that helps you learn core concepts ; Last during,. - 27168 - 6759 2630 + 5970 current assets were $ 24,493, current d-1! What is the operating cash flow for 2021 a minus sign. facilisis! C. cash flow to creditors 3,665 ROE = net income what about cash flow to creditors & ;!