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7. G&G corporations net income for 2017 is $1,200. During 2017, the company sold $100 worth of common stock and paid dividend amount of $150.
7. G&G corporations net income for 2017 is $1,200. During 2017, the company sold $100 worth of common stock and paid dividend amount of $150. Calculate the amount of cash flow to shareholders.
8. The following information is available on a firm: Calculate the cash flow to creditors. Beginning long term debt: $180 million Ending long term debt: $210 million Beginning total debt: $340 million Ending total debt: $360 million Interest paid: $20 million
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