The Lakeside Inn had an operating cash flow of $48,450.Depreciation was $6,700 and interest paid...

The Lakeside Inn had an 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 fixed assets and decreased net working capital by $1,330. What was the amount of the cash flow to stockholders?

Solve using Excel Formulas

Expert Solution

Steps

1	Calculating the cash flow from assets:-	Operating Cash Flow - Net Capital spending - Change in net working Capital

		Operating Cash Flow		$ 48,450.00
		Net Capital Spending		$ 24,000.00
		Change in Net Working Capital	$ (1,330.00)

		Cash flow from Assets:-		$ 25,780.00


2	Calculating the cashflow to creditors:-	Interest paid + Amount paid on long term debt

		Interest Paid			$ 2,480.00
		Amount paid on long term debt	$ 2,620.00

		Cash Flow to creditors:-		$ 5,100.00


3	Calculating the cashflow to stock holders as follows:-	Cashflow from assets + cashflow to creditors

		Cash flow from Assets		$ 25,780.00
		Cash Flow to creditors		$ 5,100.00

		Cashflow to stockholders:-		$ 30,880.00

jeff jeffy answered 2 years ago

During the past year, a company had cash flow to creditors, an operating cash flow, and...

During the past year, a company had cash flow to creditors, an operating cash flow, and net capital spending of $30,817, $70,361, and $31,140, respectively. The net working capital at the beginning of the year was $12,526 and it was $14,950 at the end of the year. What was the company's cash flow to stockholders during the year? Multiple Choice $2,424 $10,828 $5,980 $4,234

In 2019, Firm X has cash flow from operating activities of $1500, depreciation $200, interest expenses...

In 2019, Firm X has cash flow from operating activities of $1500, depreciation $200, interest expenses $300, tax rate 20 percent. Compared to 2018, Cash increase $200, accounts receivable increases $150, inventory decreases $230, accounts payable increases $210, other current liabilities increase $100. There is no deferred tax. What is the operating cash flow of Firm X in 2019? A) $1690 B) $1880 C) $1410 D) $2190 E) $1720

Smith Co. sold equipment that had cost $8,000 and had accumulated depreciation of $6,700. The sale...

Smith Co. sold equipment that had cost $8,000 and had accumulated depreciation of $6,700. The sale price for the equipment was $2,000. The entry to record the sale will include a a. debit to Equipment for $8,000 b. credit to Accumulated Depreciation, Equipment, for $6,700 c. credit to Cash for $2,000 d. credit to Gain on Sale of Equipment for $700 Assuming that inventory costs have been rising throughout the period, use of the LIFO inventory method will produce a...

41. Smith Co. sold equipment that had cost $8,000 and had accumulated depreciation of $6,700. The...

41. Smith Co. sold equipment that had cost $8,000 and had accumulated depreciation of $6,700. The sale price for the equipment was $2,000. The entry to record the sale will include a a. debit to Equipment for $8,000 b. credit to Accumulated Depreciation, Equipment, for $6,700 c. credit to Cash for $2,000 d. credit to Gain on Sale of Equipment for $700 42. Kinder Co. purchased a car for $25,000, with an estimated useful life of 5 years and a...

2. In developing the cash flow statement, why is depreciation added back to operating cash flows...

2. In developing the cash flow statement, why is depreciation added back to operating cash flows and to fixed assets?

Suppose Valley Technology had the following cash flow results for 2017: Net Cash Flow from Operating...

Suppose Valley Technology had the following cash flow results for 2017: Net Cash Flow from Operating Activities of $7,800,000 Net Cash Flow from Investing Activities of -$3,600,000 Net Cash Flow from Financing Activities of $1,900,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow? Please specify your answer in the same units as the statement of cash flows.

Suppose Stuart Company had the following cash flow results for 2017: Net Cash Flow from Operating...

Suppose Stuart Company had the following cash flow results for 2017: Net Cash Flow from Operating Activities of $5,800,000 Net Cash Flow from Investing Activities of -$4,900,000 Net Cash Flow from Financing Activities of $700,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow? Please specify your answer in the same units as the statement of cash flows.

operating cash flow. find the operating cash flow for the year for robinson and sons if...

operating cash flow. find the operating cash flow for the year for robinson and sons if it had sales of $81,200,000,,, cost of goods of $35,500,000, sales and administrative costs of $6,200,000, depreciation expense of $7,000,000, and a tax rate 0f 30%. the operating cash flow is ....... (round to the nearest dollar)

Operating cash flow.??Find the operating cash flow for the year for Harper? Brothers, Inc. if it...

Operating cash flow.??Find the operating cash flow for the year for Harper? Brothers, Inc. if it had sales revenue of $308,600,000?, cost of goods sold of $135,600,000?, sales and administrative costs of $39,300,000?, depreciation expense of $65,700,000?, and a tax rate of 40%.

Thompson's Jet Skis has operating cash flow of $994. Depreciation is $102, taxes are $298, and...

Thompson's Jet Skis has operating cash flow of $994. Depreciation is $102, taxes are $298, and interest paid is $65. A net total of $82 was paid on long-term debt. The firm spent $481 on fixed assets and increased its net working capital by $32. What is the amount of the cash flow to stockholders?h

Question