F. What is the cash flow to stockholders for 2020? CF to stockholder div paid -...
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F. What is the cash flow to stockholders for 2020? CF to stockholder div paid - net NEW equity raised CF to stockholder= G. What is the cash flow to creditors for 2020? CF to creditors div paid - net NEW borrowing Chuck's Charter Services Balance sheets as of Dec. 31 2019 and 2020 (in $1,000s CDN) 2019 Cash $1,100 2020 $1.150 Accounts rec $927 $964 Inventory $2,100 $2.305 Chuck's Charter Services Current assets $4,127 $4.419 2020 Income Statement (in $1,000s CDN) Net fixed assets $1,500 $1,503 Net sales $4,292 Total assets $5,627 $5,922 Cost of goods sold $3,600 2019 2020 Depreciation $180 Accounts payable $1,011 $1.059 EBIT $512 Notes payable $105 $155 Interest paid $256 Current liabilities $1,116 $1.214 Long-term debt $1,800 $1.886 Taxable income $256 Retained earnings $1,595 $1.608 Taxes $51 Total L&E $5,627 $5,922 Net income $205 A. What is the change in net working capital for 2020? ending NWC-CA-CL-4419-1214 = 3205 beginning NWC-CA-CL-4217-1116=3101 change in NWC = end NWC-beg NWC-3205-3101- $ 104 000 CAD B. What is the net capital spending for 2020? NCS end NFA - beg NFA + depreciation NCS 1503-1500+180 = $183 000 CAD C. What is the OCF for 2020? OCF = EBIT + depreciation - taxes OCF-512+180-51- $ 641 000 CAD D. What is the cash flow from assets for 2020? CF from assets = OCF - NCS - change in NWC CF from asset = 641-183-104 $354 000 CAD E. What is the dividend paid? F. What is the cash flow to stockholders for 2020? CF to stockholder div paid - net NEW equity raised CF to stockholder= G. What is the cash flow to creditors for 2020? CF to creditors div paid - net NEW borrowing Chuck's Charter Services Balance sheets as of Dec. 31 2019 and 2020 (in $1,000s CDN) 2019 Cash $1,100 2020 $1.150 Accounts rec $927 $964 Inventory $2,100 $2.305 Chuck's Charter Services Current assets $4,127 $4.419 2020 Income Statement (in $1,000s CDN) Net fixed assets $1,500 $1,503 Net sales $4,292 Total assets $5,627 $5,922 Cost of goods sold $3,600 2019 2020 Depreciation $180 Accounts payable $1,011 $1.059 EBIT $512 Notes payable $105 $155 Interest paid $256 Current liabilities $1,116 $1.214 Long-term debt $1,800 $1.886 Taxable income $256 Retained earnings $1,595 $1.608 Taxes $51 Total L&E $5,627 $5,922 Net income $205 A. What is the change in net working capital for 2020? ending NWC-CA-CL-4419-1214 = 3205 beginning NWC-CA-CL-4217-1116=3101 change in NWC = end NWC-beg NWC-3205-3101- $ 104 000 CAD B. What is the net capital spending for 2020? NCS end NFA - beg NFA + depreciation NCS 1503-1500+180 = $183 000 CAD C. What is the OCF for 2020? OCF = EBIT + depreciation - taxes OCF-512+180-51- $ 641 000 CAD D. What is the cash flow from assets for 2020? CF from assets = OCF - NCS - change in NWC CF from asset = 641-183-104 $354 000 CAD E. What is the dividend paid?
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SOLUTION A The change in net working capital for 2020 is Ending NWC 4419 3101 131... View the full answer
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Posted Date:
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