CIM Inc. Cash Flow Statement (S) Cash Flow from Operating Activities Net Income 29,960 Depreciation 8,400 Change in Working Capital Change in receivables -4,000 Change in inventories -6,400 Change in payables 4,800 Change in other current Liabilities 1,200 Net change in working capital -4,400 Net cash from operating activities 33,960 Cash Flow from Investing Activities Purchase of fixed assets -12,000 Net cash from investing activities -12,000 Cash Flow from Financing Activities 3,200 Change in debt outstanding -23,920 Payment of cash dividends -20,720 Net cash from financing activities 1,240 Net change in cash and cash equivalents 8,760 Beginning-of-period cash 10,000 End-of-period cash What is the value of the KBS's share based on a two stages model. Change in other current Liabilities 1,200 Net change in working capital -4,400 Net cash from operating activities 33,960 Cash Flow from Investing Activities Purchase of fixed assets -12,000 Net cash from investing activities -12,000 Cash Flow from Financing Activities Change in debt outstanding 3,200 Payment of cash dividends -23,920 -20,720 1,240 Net cash from financing activities Net change in cash and cash equivalents Beginning-of-period cash 8,760 10,000 End-of-period cash What is the value of the KBS's share based on a two stages model. $39.10 $59.10 $19.10 $29.10 $49.10 CIM Inc. Cash Flow Statement (S) Cash Flow from Operating Activities Net Income 29,960 Depreciation 8,400 Change in Working Capital Change in receivables -4,000 Change in inventories -6,400 Change in payables 4,800 Change in other current Liabilities 1,200 Net change in working capital -4,400 Net cash from operating activities 33,960 Cash Flow from Investing Activities Purchase of fixed assets -12,000 Net cash from investing activities -12,000 Cash Flow from Financing Activities 3,200 Change in debt outstanding -23,920 Payment of cash dividends -20,720 Net cash from financing activities 1,240 Net change in cash and cash equivalents 8,760 Beginning-of-period cash 10,000 End-of-period cash What is the value of the KBS's share based on a two stages model. Change in other current Liabilities 1,200 Net change in working capital -4,400 Net cash from operating activities 33,960 Cash Flow from Investing Activities Purchase of fixed assets -12,000 Net cash from investing activities -12,000 Cash Flow from Financing Activities Change in debt outstanding 3,200 Payment of cash dividends -23,920 -20,720 1,240 Net cash from financing activities Net change in cash and cash equivalents Beginning-of-period cash 8,760 10,000 End-of-period cash What is the value of the KBS's share based on a two stages model. $39.10 $59.10 $19.10 $29.10 $49.10
