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You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the
You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the company paid $99.3 million in current taxes and had an interest expense of $49.3 million. a. Calculate the operating cash flow. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in millions, for example, 10.2 million would be entered as 10.2.) b. Calculate the capital spending. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in millions, for example, 10.2 million would be entered as 10.2.) c. Calculate the net working capital cash flow. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in millions, for example, 10.2 million would be entered as 10.2.) d. Calculate the cash flow to creditors. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in millions, for example, 10.2 million would be entered as 10.2.) e. Calculate the cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in millions, for example, 10.2 million would be entered as 10.2 .)
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