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What is the cash flow to stockholders for 2015? Please show step by step how to calculate thanks! The following information pertains to Galaxy Interiors
What is the cash flow to stockholders for 2015?
Please show step by step how to calculate
thanks!
The following information pertains to Galaxy Interiors GALAXY INTERIORS 2015 Income Statement (Sin millions) $21,415 Net sales Cost of goods sold Depreciation 1 611 Earnings before interestand taxes 3.390 1,282 Taxable Income 2,114 Less: Taxes $1,374 Net income GALAXY INTERIORS 2014 and 2015 Balance Sheets (Sin millions) $668 $297 Accounts payable 1.527 Notes payable Accounts 1,611 Total Inventory 3, B48 2,947 Total $6,127 $4,771 Long-term debt Net fixed assets 17,489 17,107 Common stock Retaining earnings S23,616 $21,878 Total assets Total liab. &equity $1.694 9,800 7,500 2,122 $23,616 $1,532 $1,532 10,650 7,000 2,696 $21,878Step by Step Solution
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