HW 1 solutions

HW 1 solutions - HW 1 Key 1. What is the amount of the net...

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HW 1 Key
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1. What is the amount of the net working capital for 2009? A. $17,700 B. $16,300 C. -$600 D. $29,800 NWC 2009 = $2,800 + $8,700 + $18,300 - $12,100 = $17,700 2. What is the net capital spending for 2009? A. $ 700 B. $1,700 C. $7,800 D. $8,400 Net capital spending 2009 = $37,100 - $36,400 + $7,100 = $7,800 3. What is the total amount of stockholders' equity for 2009? A. $16,000 B. $25,400 C. $15,000 D. $9,400 Stockholders' equity 2009 = $16,000 + $9,400 = $25,400 4. What is the amount of the non-cash expenses? A. $2,200 B. $9,300 C. $13,500 D. $7,100 Non-cash expenses = $7,100 5. How much was paid out to shareholders in the form of dividends during 2009? A. $12,400 B. $12,700 C. $12,100 D. $0 Dividends paid = $12,400 - ($9,400 - $9,700) = $12,700
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6. What is the amount of the operating cash flow? A. $12,400 B. $19,500 C. $20,300 D. $21,700 Operating cash flow = $21,000 + $7,100 - $6,400 = $21,700 7. What is the cash flow from assets? A. $12,500 B. $13,600 C. $11,900 D. $14,700 Cash flow from assets = OCF - NCS - Change in NWC = $21,700 - $7,800 - [$17,700 - ($2,500 + $9,100 + $17,200 - $12,500)] = $12,500 8. What is the cash flow to creditors? A.
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This note was uploaded on 03/19/2011 for the course FRL 300 taught by Professor Lentz during the Winter '08 term at Cal Poly Pomona.

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HW 1 solutions - HW 1 Key 1. What is the amount of the net...

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