The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 19,950 Proceeds from the sale of common stock 3,270 Purchases of fixed assets 23,180 Purchases of inventories 3,410 Payment of dividends 8,570 Payment of interest 2,490 What was the company's operating cash flow? (Do not round intermediate calculations.)

The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 19,950 Proceeds from the sale of common stock 3,270 Purchases of fixed assets 23,180 Purchases of inventories 3,410 Payment of dividends 8,570 Payment of interest 2,490 What was the company's operating cash flow? (Do not round intermediate calculations.)

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter15: Statement Of Cash Flows

Section: Chapter Questions

Problem 3DQ

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The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 13,800 Proceeds from the sale of common stock 5,000 Purchases of fixed assets 27,500 Purchases of inventories 2,600 Payment of dividends 13,800 Determine the total cash flows spent on fixed assets and NWC, and determine the cash flows to investors of the firm. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.)
The Stancil Corporation provided the following current information: Proceeds from long - term borrowing $ 13, 800 Proceeds from the sale of common stock 5, 000 Purchases of fixed assets 27,500 Purchases of inventories 2, 600 Payment of dividends 13, 800 Determine the total cash flows spent on fixed assets and NWC, and determine the cash flows to investors of the firm. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.)
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