Business, 26.01.2021 06:00 heids17043

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 $98.4 million in current taxes and had an interest expense of $48.4 million. TIME MANUFACTURING Statement of Cash Flows ($ in millions)
Operations Net income $188
Depreciation 95.5
Deferred taxes 20.5
Changes in assets and liabilities
Accounts receivable -19.5
Inventories 23.5
Accounts payable 18.5
Accrued expenses -10.5
Other 4.5
Total cash flow from operations $320.5
Investing activities
Acquisition of fixed assets -$200
Sale of fixed assets 24.5
Total cash flow from investing activities -$175.5
Financing activities
Retirement of long-term debt -$177
Proceeds from long-term debt sales 131
Change in notes payable 7.5
Dividends -101
Repurchase of stock -28
Proceeds from new stock issue 59
Total cash flow from financing activities -$108.5
Change in cash (on balance sheet) $36.5 1.
1. Calculate the operating cash flow.
2. Calculate the capital spending.
3. Calculate the networking capital cash-flow.
4. Calculate the cash flow to creditors.
5. Calculate the cash flow to stockholders.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 10:40

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Answers: 1

Answer

Business, 22.06.2019 16:00

In microeconomics, the point at which supply and demand meet is called the blank price

Answers: 3

Answer

Business, 22.06.2019 21:00

Noah met an old friend at a coffee shop. he jotted down the friend's new phone number, but later that afternoon he could not find it or remember what he had done with it. a couple of days later, noah went back to the coffee shop, and while waiting in line, he suddenly remembered where he had put the phone number. this is an example of:

Answers: 1

Answer

Business, 22.06.2019 21:40

Penny poodle wanted to know which dog obedience training program was more effective: puppy pride, the approach she has been using for any years, or doggie do-right, a new approach. penny convinced 50 human companions of untrained dogs to participate in her study. the dogs and their humans were randomly assigned to complete the puppy pride or doggie do-right course. at the end of the training programs, all of the dogs were scored on their level of obedience on a standardized dog obedience checklist (scores could range from 10 to 100). the design of this study is:

Answers: 2

Answer

You know the right answer?

You are researching Time Manufacturing and have found the following accounting statement of cash flo...

Questions