Question
A company shows the following information on its 2020 statement of profit or loss: Revenue = $305000; Expenses = $176000; Other expenses = $8900; Depreciation
A company shows the following information on its 2020 statement of profit or loss:
Revenue = $305000; Expenses = $176000; Other expenses = $8900; Depreciation expense = $18700; Finance cost = $12900; Taxes = $23345; Dividends = $19500.
In addition, you are told that the firm issued $6400 in new equity during 2020 and redeemed $4900 in outstanding non-current debt.
Find the following:
- What is the 2020 operating cash flow? (5 marks)
- What is the 2020 cash flow to creditors? (5 marks)
- What is the 2020 cash flow to shareholders? (5 marks)
- If net non-current assets increased by $46000 during the year, what was the addition to NWC? (5 marks)
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Multinational Financial Management
Authors: Shapiro A.C.
9th International Edition
8126536934, 9788126536931
