Question: See Table below showing financial statement data and stock price data for Mydeco Corp. a. From 2015 to 2019, what was the total cash flow

See Table below showing financial statement data and stock price data for Mydeco Corp.

a. From 2015 to 2019, what was the total cash flow that Mydeco generated from operations?

b. What fraction of the total in (a) was spent on capital expenditures?

c. What fraction of the total in (a) was spent paying dividends to shareholders?

d. What was Mydeco's total retained earnings for this period?

Income Statement 2015 2016 2017 2018 2019
Revenue 408.3 361.4 428.4 512.3 607.8
Cost of Goods Sold (186.8) (169.0) (206.1) (242.0) (297.9)
Gross Profit 221.5 192.4 222.3 270.3 309.9
Sales and Marketing (65.0) (66.2) (81.8) (97.2) (117.2)
Administration (62.0) (60.8) (58.9) (64.8) (78.9)
Depreciation & Amortization (26.0) (25.5) (32.4) (40.0) (38.3)
EBIT 68.5 39.9 49.2 68.3 75.5
Interest Income (Expense) (33.4) (34.8) (32.8) (36.4) (37.7)
Pretax Income 35.1 5.1 16.4 31.9 37.8
Income Tax (12.3) (1.8) (5.7) (11.2) (13.2)
Net Income 22.8 3.3 10.7 20.7 24.6
Shares Outstanding (millions) 56.8 56.8 56.8 56.8 56.8
Earnings per Share $0.40 $0.06 $0.19 $0.36 $0.43
Balance Sheet 2015 2016 2017 2018 2019
Assets
Cash 50.4 74.1 88.9 87.4 90.8
Accounts Receivable 87.3 67.9 70.2 75.9 87.2
Inventory 34.1 30.8 27.8 30.9 36.5
Total Current Assets 171.8 172.8 186.9 194.2 214.5
Net Property, Plant & Equip. 244.3 246.8 313.4 341.8 345.5
Goodwill & Intangibles 364.6 364.6 364.6 364.6 364.6
Total Assets 780.7 784.2 864.9 900.6 924.6
Liabilities & Stockholders' Equity
Accounts Payable 18.1 19.3 22.4 26.8 32.8
Accrued Compensation 6.5 7.1 6.8 8.4 8.9
Total Current Liabilities 24.6 26.4 29.2 35.2 41.7
Long-term Debt 499.5 499.5 573.7 597.1 597.1
Total Liabilities 524.1 525.9 602.9 632.3 638.8
Stockholders' Equity 256.6 258.3 262 268.3 285.8
Total Liabilities & Stockholders' Equity 780.7 784.2 864.9 900.6 924.6
Statement of Cash Flows 2015 2016 2017 2018 2019
Net Income 22.8 3.3 10.7 20.7 24.6
Depreciation & Amortization 26 25.5 32.4 40 38.3
Chg. in Accounts Receivable 3.9 19.4 -2.3 (5.7) (11.3)
Chg. in Inventory (2.9) 3.3 3 (3.1) (5.6)
Chg. in Payables & Accrued Comp. 2.3 1.8 2.8 6 6.5
Cash from Operations 52.1 53.3 46.6 57.9 52.5
Capital Expenditures (26.1) (23.7) (100.1) (76.9) (41.7)
Cash from Investing Activities (26.1) (23.7) (100.1) (76.9) (41.7)
Dividends Paid (5.9) (5.9) (5.9) (5.9) (7.4)
Sale (or purchase) of stock - - - - -
Debt Issuance (Pay Down) - - 74.2 23.4 -
Cash from Financing Activities (5.9) (5.9) 68.3 17.5 (7.4)
Change in Cash 20.1 23.7 14.8 (1.5) 3.4
Mydeco Stock Price $8.83 $2.72 $4.74 $9.28 $10.98

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