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The Lakeside Inn had operating cash flow of $48,450. Interest paid was $2,480. A net total of $2,620 was paid on reducing long-term debt. The
The Lakeside Inn had operating cash flow of $48,450. Interest paid was $2,480. A net total of $2,620 was paid on reducing long-term debt. The firm spent $24,000 on capital spending and decreased net working capital by $1,330. What is the amount of the cash flow to stockholders? Hint: Find Cash flow from Assets and Cash flow to creditors first and then use the cash flow identity to find cash flow to stockholders. tion Select one: O A. $19,998 O B. $18,020 O C. $5,100 O D. $20,680 O E. $7,830
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