Question
Hello, can you help me to understand the following exercise? 71.Thompson's Jet Skis has operating cash flow of $218. Depreciation is $45 and interest paid
Hello, can you help me to understand the following exercise?
71.Thompson's Jet Skis has operating cash flow of $218. Depreciation is $45 and interest paid is $35. A net total of $69 was paid on long-term debt. The firm spent $180 on fixed assets and increased net working capital by $38. What is the amount of the cash flow to stockholders?
a.-$104
b.-$28
c.$28
d.$114
e.$142
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
