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Using the information given below calculate the cash flow from financing for Year 2. Year 1 Year 2 Cash 10.0 20.0 Receivables 30.0 35.0 Net
Using the information given below calculate the cash flow from financing for Year 2.
Year 1 | Year 2 | |
Cash | 10.0 | 20.0 |
Receivables | 30.0 | 35.0 |
Net property plant and equipment | 50.0 | 60.0 |
Total assets | 90.0 | 115.0 |
Payables | 10.0 | 20.0 |
Debt | 30.0 | 10.0 |
Common stock | 5.0 | 15.0 |
Retained earnings | 45.0 | 70.0 |
Total liabilities and equity | 90.0 | 115.0 |
Net income | 32.0 | 48.0 |
Select one:
(53.0)
(33.0)
13.0
(13.0)
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