Question
12. FTP Corp. generated $125 million in revenue last year and had a 16.0% net income margin. The firm paid out 25.0% of its net
12. FTP Corp. generated $125 million in revenue last year and had a 16.0% net income margin. The firm paid out 25.0% of its net income to shareholders in a cash dividend. FTP also repurchased 2 million shares of common stock from shareholders at a weighted average repurchase price of $9.00 per share. The firm's beginning total debt was $110 million and total ending debt was $100 million. During the year FTP paid $5 million in total interest expense. A. What was the total cash flow to FTP stockholders? B. What was the total cash flow to FTP creditors? C. What was FTPs total cash flow from assets? Please show any work below
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