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Nova Electrics anticipates cash flow from operating activities of $ 6 million in 2 0 X 1 . It will need to spend $ 1

Nova Electrics anticipates cash flow from operating activities of $6 million in 20X1. It will need to spend $1.2 million on capital investments to remain competitive within the industry. Common stock dividends are projected at $0.40 million and preferred stock dividends at $0.55 million.

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