The firm spent 24000 on fixed assets and decreased net


The Lakeside Inn had operating cash flow of $48,450. Depreciation was $6,700 and interest paid was $2,482. A net total of $3,300 was paid on long-term debt. The firm spent $24,000 on fixed assets and decreased net working capital by $1,330. What is the amount of the cash flow to stockholders? please show all work.

Answer

$5,100

$7,830

$18,020

$19,998

$20,680

 

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Finance Basics: The firm spent 24000 on fixed assets and decreased net
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