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Problem:

The Lakeside Inn had operating cash flow of $43,450. Depreciation was $6,700 and interest paid was $2,480. A net total of $2,600 was paid on long-term debt. The firm spent $24,670 on fixed assets and decreased net working capital by $1,330.

Required:

Question: What is the amount of the cash flow to stockholders?

Note: Please show the work not just the answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91169562

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