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Question 26 (1 point) Calculate the cash flow to Shareholders (Stockholders) of NewTech Corporation for 2020. The following financial information is for Neadech Corporation INCOME
Question 26 (1 point) Calculate the cash flow to Shareholders (Stockholders) of NewTech Corporation for 2020. The following financial information is for Neadech Corporation INCOME STATEMENTS FOR YEAR ENDING DECEMBER 31 (MILLIONS OF DOLLARS) 2020 Net Sales Cost of Goods Sold Depreciation Earnings before interest and taxes (EBIT) Interest $1,509,0 7500 65.0 $ 6940 20.0 2120 1220 $ 103 Net income avable to common stockholders Dividends BALANCE SHEETS FOR YEAR ENDING DECEMBER 31 (MILLIONS OF DOLLARS) 2019 2020 $ 1600 GEBO $ 1040 4550 553.0 S1.112.0 1.6440 $1.03.0 SI2090 Cash Accounts recevable Investones Total current assets Fixed Total assets Liables and Accounts payable Notes parade Accruals Total current liabilities Long-term det hand) Total debe Common stock (50 million shares Redmi Totalcony Totes and sequity 1960 $100 1230 6000 SO 5400 S. SLI $ 63,000,000
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