The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 17,300 Proceeds from the sale of common 4,300 stock Purchases of fixed assets Purchases of inventories Payment of dividends 21,300 2,200 14,800 Determine the cash flows from the firm and the cash flows to investors of the firm. (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.) Cash flows from the firm Cash flows to investors of the firm 55
The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 17,300 Proceeds from the sale of common 4,300 stock Purchases of fixed assets Purchases of inventories Payment of dividends 21,300 2,200 14,800 Determine the cash flows from the firm and the cash flows to investors of the firm. (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.) Cash flows from the firm Cash flows to investors of the firm 55
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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