During the year, Lasko's repaid $12,500 in long-term debt, borrowed $8,400, paid $611 in interest and $740 in dividends, and had an operating cash flow of $16,207. The firm acquired $33,500 in new fixed assets and sold $8,400 of old assets. Net-working capital declined by $1,592 during the year. 

What is the annual cash flow to stockholders?

Answer rating: 100% (QA)

The cash flow from financing activities is calculated as follows Cash flow from financing ac... View the full answer