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Calculate the: 1. operating cash flow 2. capital spending 3. net working capital cash flow 4. cash flow to creditors 5. cash flow to stockholders
Calculate the:
1. operating cash flow
2. capital spending
3. net working capital cash flow
4. cash flow to creditors
5. cash flow to stockholders
You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $99.7 million in current taxes and had an interest expense of $49.7 million. TIME MANUFACTURING Statement of Cash Flows ($ in millions) $ 190.0 95.7 20.7 Operations Net income Depreciation Deferred taxes Changes in assets and liabilities Accounts receivable Inventories Accounts payable Accrued expenses Other -19.7 23.7 18.7 -10.7 4.7 Total cash flow from operations $ 323.1 Investing activities Acquisition of fixed assets Sale of fixed assets -$ 198.0 24.7 Total cash flow from investing activities -$ 173.3 Financing activities Retirement of long-term debt Proceeds from long-term debt sales Dividends Repurchase of stock Proceeds from new stock issue -$ 179.0 136.0 -103.0 -30.0 61.0 Total cash flow from financing activities -$ 115.0 Change in cash (on balance sheet) $ 34.8Step by Step Solution
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