The Stancil Corporation provided the following current information: Proceeds from long-term borrowing ................................ $16,400 Proceeds from the

Question:

The Stancil Corporation provided the following current information:

Proceeds from long-term borrowing ................................ $16,400
Proceeds from the sale of common stock ........................ 4,000
Purchases of fixed assets ................................................... 29,000
Purchases of inventories .................................................... 2,400
Payment of dividends ......................................................... 13,100

Determine the total cash flows spent on fixed assets and NWC. What are the cash flows to investors of the firm?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...