Chapter 2 Solutions

Operating cash flow 49570 b cash flow to creditors

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: h flow to creditors $12,300 c. Cash flow to stockholders $4,600 d. Cash flow from assets $16,900 Net capital spending $31,150 Change in NWC $1,520 Chapter 2 Question 15 Input area: Sales $51,000 Costs $39,800 Addition to retained 2,300 $ earnings Dividends paid $925 Interest expense $1,580 Tax rate 40% Output area: Income Statement Sales $51,000 Costs 39,800 Depreciation expense $4,245 EBIT $6,955 Interest expense 1,580 EBT $5,375 Taxes 2,150 Net income $3,225 Dividends $925 Addition to retained 2,300 earnings...
View Full Document

This document was uploaded on 02/24/2014 for the course FINANCE 300 at Xavier.

Ask a homework question - tutors are online