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Sales = $260,000, cost of goods sold = $150,000, depreciation = $45,000, interest paid = $35,000, addition to retained earnings = $12,000, tax rate =
Sales = $260,000, cost of goods sold = $150,000, depreciation = $45,000, interest paid = $35,000, addition to retained earnings = $12,000, tax rate = 30%. During the year, net working capital increased by $23,000, the company issued $34,000 in equity and redeemed $43,000 in outstanding long-term debt. What is cash flow to stockholders?
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