Question

During the past year, a company had cash flow to creditors, an operating cash flow, and...

During the past year, a company had cash flow to creditors, an operating cash flow, and net capital spending of $30,930, $70,755, and $31,480, respectively. The net working capital at the beginning of the year was $12,613 and it was $15,100 at the end of the year. What was the company's cash flow to stockholders during the year?

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Answer #1

Answer:

Change in Net Working Capital = Ending Working Capital – Beginning Working Capital
Change in Net Working Capital = $15,100 - $12,613
Change in Net Working Capital = $2,487

Cash Flow from Assets = Operating Cash Flow – Change in Net Working Capital – Net Capital Spending
Cash Flow from Assets = $70,755 - $2,487 - $31,480
Cash Flow from Assets = $36,788

Cash Flow from Assets = Cash Flow to Creditors + Cash flow to Stockholders
$36,788 = $30,930 + Cash flow to Stockholders
Cash Flow to Stockholders = $36,788 - $30,930
Cash Flow to Stockholders = $5,858

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