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? Net capital spending 2009 = $37,100 - $36,400 + $7,100 = $7,800 3. What is the total amount of stockholders' equity for 2009? Stockholders' equity 2009 = $16,000 + $9,400 = $25,400 4. What is the amount of the non-cash expenses? 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? Operating cash flow = $21,000 + $7,100 - $6,400 = $21,700 7. What is the cash flow from assets? 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? Cash flow to creditors = $2,200 - ($29,400 - $28,000) = $800
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