Answered step by step
Verified Expert Solution
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started