During the year, XYZ, Inc. repaid $18,250 in long-term debt, borrowed $12,500, paid $850 in interest...

 

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During the year, XYZ, Inc. repaid $18,250 in long-term debt, borrowed $12,500, paid $850 in interest and $950 in dividends, and had an operating cash flow of $20,500. The firm acquired $45,750 in new fixed assets and sold $10,500 of old assets. Net working capital declined by $3,550 during the year. What is the annual cash flow to stockholders? (Do not round intermediate calculations. Round the final answer up to two decimal places, without the dollar symbol ($)) ♡ During the year, XYZ, Inc. repaid $18,250 in long-term debt, borrowed $12,500, paid $850 in interest and $950 in dividends, and had an operating cash flow of $20,500. The firm acquired $45,750 in new fixed assets and sold $10,500 of old assets. Net working capital declined by $3,550 during the year. What is the annual cash flow to stockholders? (Do not round intermediate calculations. Round the final answer up to two decimal places, without the dollar symbol ($)) ♡

Answer rating: 100% (QA)

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