Question
Lucent Technology is considering seller-finance for an existing customer with the following information. The net income is $95MM. The depreciation cost is $15MM. What is
Lucent Technology is considering seller-finance for an existing customer with the following information. The net income is $95MM. The depreciation cost is $15MM. What is the subject firm's cash flow from operations (CFO)?
| Decrease in accounts receivable | $30 MM |
| Issuance of new stocks | 18 |
| Proceeds from the sale of fixed assets | 8 |
| Increase in inventory | 17 |
| Increase in accounts payable | 10 |
| Dividends paid out | 35 |
| Decrease in wages payable | 5 |
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Trade Union Finance
Authors: Marick F. Masters, Raymond Gibney
1st Edition
1032371382, 978-1032371382
