Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given the cash flow information below, what is the cash available to service debt? Cash Flow Statement Net income 71.0 D&A 35.0 Change in OWC

Given the cash flow information below, what is the cash available to service debt?

Cash Flow Statement
Net income 71.0
D&A 35.0
Change in OWC (6.0)
Operating cash flow 100.0
Capex (39.0)
Investing cash flow (39.0)
Dividends paid (23.0)
Revolver issuance (repayment) (13.0)
Long term debt issuance / (repayment) (59.0)
Financing cash flow (95.0)
Net cash flow (34.0)
Beginning cash and cash equivalents 130.0
Ending cash and cash equivalents 130.0 96.0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Health Auditing As A Tool For Quality Care Case Studies

Authors: Camila Freire

1st Edition

6206344169, 978-6206344162

More Books

Students also viewed these Accounting questions