As a senior analyst with the Marriot Hotels and Resorts, your team has been tasked with estimating
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Question:
As a senior analyst with the Marriot Hotels and Resorts, your team has been tasked with estimating the firms' cash flow to stockholders. Marriott had operating cash flows if 48 450 000. Depreciation was 6 700 000 and interest paid was 2. 480 000. A net total of 2 620 000 was paid on long term debt. The firm also spent 24 000 000 on fixes assets and decreased net working capital by 1 330 000. Determine the amount of the cash flow to stockholders.
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