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Powell Panther Corporation: Income Statements for Year Ending December 3 1 ( millions of dollars ) Powell Panther Corporation: Balance Sheets as of December 3
Powell Panther Corporation: Income Statements for Year Ending December millions of dollars
Powell Panther Corporation: Balance Sheets as of December millions of dollarsPowell Panther Corporation: Income Statements for Year Ending December millions of dollars
Powell Panther Corporation: Balance Sheets as of December millions of dollars
sign.
a What was net operating working capital for and Assume the firm has no excess cash.
: $
: $
b What was the free cash flow?
$
c How would you explain the large increase in dividends?
I. The large increase in free cash flow from to explains the large increase in dividends.
II The large increase in net income from to explains the large increase in dividends.
III. The large increase in EBIT from to explains the large increase in dividends.
IV The large increase in sales from to explains the large increase in dividends.
V The large increase in retained earnings from to explains the large increase in dividends.
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