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2. RipplingBrook Mining Co. had operating cash flow equal to $50,000. Depreciation expense during the year was $7,500. Interest expense was $3,000 and the
2. RipplingBrook Mining Co. had operating cash flow equal to $50,000. Depreciation expense during the year was $7,500. Interest expense was $3,000 and the company paid down $3,500 in long term debt. The company spent $20,000 on new equipment and had an increase in working capital of $1,000. What was the cash flow to stockholders? a.
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Financial Reporting Financial Statement Analysis and Valuation
Authors: Clyde P. Stickney
6th edition
324302959, 978-0324302967, 324302967, 978-0324302950
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