The following information is for United Enterprises for 2009.
What is the Net Capital Spending?
What is the Change in Net Working Capital? What is the Cash Flow to Creditors?
What is the amount of New Equity?
Dividends paid $12,000 Interest paid $21,300 Sales $139,700 Costs $101,400 Depreciation expense was $10,500. Tax rate 34 % Increase in net fixed assets $34,900 Net working capital, Beg. of year $27,420 Net working capital, End of year $35,810 Increase in Long term Debt $29,600.