The Scene Shop had operating cash flow of $48,450. Depreciation was $6,700 and interestpaid was $2,480. A net total of $2,620 was paid on long-term debt. The firm spent $24,000 onfixed assets and decreased net working capital by $1,330. What was the amount of the cashflow to stockholders?

Solution:- Calculate the cash flow to stock holders as follows:- Step:-1 Calculate the cash flow…

Answered: The Scene Shop had operating cash flow…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The Scene Shop had operating cash flow of $48,450. Depreciation was $6,700 and interest paid was $2,480. A net total of $2,620 was paid on long-term debt. The firm spent $24,000 on ixed assets and decreased net working capital by $1,330. What was the amount of the cash low to stockholders?