Lululemon shows the following information on its 2015 income statement: 

sales = $120,000; costs = $60,000; other expenses $4,000; depreciation expense = $10,000; interest expense = $8,000; taxes = $12,000; and dividends = $4,000.  In addition, the firm issued $1,000 in new equity and retired $5,000 in long-term debt in 2015.

What is the 2015 cash flow to stockholders?

Answer rating: 100% (QA)

Answer Explanation Operating cash flow Cost Depreciati... View the full answer