In: Finance
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
Cash flow to stockholders = Operating cash flow - Change in working capital - Net capital spending - Cash flow to creditors
Cash flow to stockholders = $70,361 - ($14,950 - $12,526) - $31,140 - $30,817
Cash flow to stockholders = $5,980