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22. The following is income statement and balance sheet information for a firm. Note: when answering this problem, do not waste time constructing income statements
22. The following is income statement and balance sheet information for a firm. Note: when answering this problem, do not waste time constructing income statements and balance sheets. Use the above information directly. (a) Calculate Net Capital Spending for 2012 (b) Suppose Cash Flow to Stockholders for 2012=12.5. In one, very short sentence) interpret this result. Calculate Cash Flow to Bond holders for 2012. (c) Using the result from part (b) (i.e., do not use the original data), calculate Cash Flow from Assets (i.e., free cash flow. Interpret in one, very short sentence
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