Jennifer’s Jet Skis has operating cash flow of $1,090. Depreciation is $225 and interest paid is $175. A net total of $345 was paid on long-term debt. The firm spent $900 on fixed assets and increased net working capital by $190. What is the amount of the cash flow to stockholders?
Jennifer’s Jet Skis has operating cash flow of $1,090. Depreciation is $225 and interest paid is $175. A net total of $345 was paid on long-term debt. The firm spent $900 on fixed assets and increased net working capital by $190. What is the amount of the cash flow to stockholders?
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter23: Statement Of Cash Flows
Section: Chapter Questions
Problem 8CE
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- Jennifer’s Jet Skis has operating cash flow of $1,090.
Depreciation is $225 and interest paid is $175. A net total of $345 was paid on long-term debt. The firm spent $900 on fixed assets and increased net working capital by $190. What is the amount of the cash flow to stockholders?
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