This preview shows page 1. Sign up to view the full content.
Unformatted text preview: I. Cash Flow Identity Cash Flow from Assets = Cash Flow to Creditors + Cash Flow to stockholders II. Cash flow from assets Cash flow from Assets =Operating cash flow Net Capital spending Change in Networking Capital Operating cash flow = EBIT + Depreciation Taxes Net Capital Spending = Ending net fixed assets Beginning net fixed assets + Depreciation Networking Capital=CA CL Assets Use Liab/OE Source Income Statement Sales COGS Depr. Operating Expense EBIT Interest Paid Statement of Cash Flows B/S Current Assets Current Assets Cash AR ShortTerm Investments Inventories Total Current Assets B/S Current Liabilities Current Liabilities AP NP Taxes Payable Accrued Expense Total Current Liabilities LongTerm Debt Fixed Assets Operating activity = NI & Current Accounts ...
View Full Document
This note was uploaded on 01/16/2009 for the course ARTL 100G taught by Professor Demers during the Fall '08 term at USC.
- Fall '08