The Lakeside Inn had operating cash flow of $43450. Depreciation was $6700 and interest paid was $2480. A net total of $2600 was paid on long-term debt.
The firm spent $24670 on fixed assets and decreased net working capital by $1330. What is the amount of cash flow to stockholders?
A. $5100
B. $19020
C. $18020
D. $15030
E. $16680
I am offering 750 points because I want to be shown how to do this I have spent way too much time on this one and I cannot figure out how to work it out. In
order to calculate cash flow to stockholders you have to have the amount of dividends and that is what I am having trouble with. Please help!