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For the past year, Bloomington Industries had an operating cash flow of $5,900. The firm paid no dividends but did repurchase $6,400 worth of common
For the past year, Bloomington Industries had an operating cash flow of $5,900. The firm paid no dividends but did repurchase $6,400 worth of common stock. The net capital spending was $740 and the change in net working capital was $700. What was the cash flow to creditors? |
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