Investing activities Acquisition of fixed assets Sale of fixed assets Total cash flow from investing activities Financing activities Retirement of long-term debt Proceeds from long-term debt sales Dividends Repurchase of stock Proceeds from new stock issue Total cash flow from financing activities Change in cash (on balance sheet) a. Operating cash flow b. Capital spending c. Net working capital cash flow d. Cash flow to creditors e. Cash flow to stockholders -$ 205.0 24.0 -$ 181.0 -$172.0 129.0 -96.0 -23.0 54.0 -$108.0 $25.0
Investing activities Acquisition of fixed assets Sale of fixed assets Total cash flow from investing activities Financing activities Retirement of long-term debt Proceeds from long-term debt sales Dividends Repurchase of stock Proceeds from new stock issue Total cash flow from financing activities Change in cash (on balance sheet) a. Operating cash flow b. Capital spending c. Net working capital cash flow d. Cash flow to creditors e. Cash flow to stockholders -$ 205.0 24.0 -$ 181.0 -$172.0 129.0 -96.0 -23.0 54.0 -$108.0 $25.0
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Investing activities
Acquisition of fixed assets
Sale of fixed assets
Total cash flow from investing activities
Financing activities
Retirement of long-term debt
Proceeds from long-term debt sales
Dividends
Repurchase of stock
Proceeds from new stock issue
Total cash flow from financing
activities
Change in cash (on balance sheet)
a. Operating cash flow
b. Capital spending
c. Net working capital cash flow
d. Cash flow to creditors
e. Cash flow to stockholders
-$ 205.0
24.0
-$181.0
-$172.0
129.0
-96.0
-23.0
54.0
-$108.0
$25.0
Transcribed Image Text: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 million in current taxes and had an interest expense of $49 million.
TIME MANUFACTURING
Statement of Cash Flows
(in millions)
Operations
Net income
Depreciation
Deferred taxes
Changes in assets and liabilities
Accounts receivable
Inventories
Accounts payable
Accrued expenses
Other
Total cash flow from operations
$183.0
95.0
20.0
-19.0
23.0
18.0
-10.0
4.0
$314.0
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