please answer completely and correctly all blank questions t

please answer completely and correctly all blank questions thanks

Week One Assignment ezto.rnheduca tion.com/hm.tp :0.59002 1 2004 1 45201-151 64 1 6 1 84504 2· 10.00 points You are researching Time Manufacturing and have found the following accounting statement of cash flows for the most recent year. You also know that the com interest expense of $49.8 million pany paid $99.8 million in current taxes and had an Statement of Cash Flows (5 in millions) Operations Net income Depreciation Deferred taxes Changes in assets and liabilities S 191.0 95.8 20.8 Accounts receivable Inventones 23.8 18.8 10.8 4.8 Accounts payable Accrued expenses Other Total cash flow from operations S 324.4 Investing activities Acquisition of fixed assets Sale of fixed assets -S 197.0 24.8 Total cash flow from investing activities 172 2 Financing activities Retirement of long-term debt Proceeds from long-term debt sales Dmdends Repurchase of stock Proceeds from new stock issue -S 180.0 137.0 -104.0 -31.0 62.0 Total cash flow from financing activities 1160 Change in cash (on balance sheet) S 362

Solution

1.Operating Cash flow 324.4 2. Capital spending Net spending on capital assets 172.2 3.Net working capital cash flow Accounts receivables -19.8 Inventories 23.8 Accounts payables 18.8 Accrued expense -10.8 Other 4.8 Net working capital cash flow 16.8 4.. Cash flow to creditors Retirement of long term debt+proceeds of new debt -180+137= -43 5..Cash Flow to Common Stockholders Dividends paid+repurchase of stock+proceeds from new stock issue -104-31+62= -73