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ROLY Inc is considering a major expansion (capital expenditure) next year.Next year, the company expects to pay a $3 million cash dividend, sell $7 million
ROLY Inc is considering a major expansion (capital expenditure) next year.Next year, the company expects to pay a $3 million cash dividend, sell $7 million of common shares and report net income of $16 million.Depreciation next year is expected to total $6 million, and through efficiencies, net working capital is expected to decrease by $2 million. With no additional transactions, how muchtotalnet cash flowis expected to be generated by ROLY next year from the activities indicated?
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