Question
Current Accounts 2009: CA = $4,400; CL = $1,500 2008: CA = $3,500; CL = $1,200 Fixed Assets and Depreciation 2009: NFA = $3,400; 2008:
Current Accounts 2009:
CA = $4,400; CL = $1,500
2008: CA = $3,500; CL = $1,200
Fixed Assets and Depreciation 2009: NFA = $3,400; 2008: NFA = $3,100 Depreciation Expense = $400
Long-term Debt and Equity 2009: LTD = $4,000; Common stock = $500 2008: LTD = $3,950; Common stock = $400
Income Statement EBIT = $2,000; Taxes = $300 Interest Expense = $350
If the Cash Flow Identity holds, compute the dividends paid out by the company. PLEASE SHOW STEPS. THANK YOU
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Comparative Public Budgeting
Authors: George M Guess
2nd Edition
1316648109, 978-1316648100
