Answer: $6,834
Explanation:
Given the following ;
Cash flow to creditors = $30,026
Operating Cashflow = $67,603
Net capital spending = $28,760
Beginning net working capital = $11,917
Ending working capital = $13,900
Therefore,
Net working capital = Ending working capital - beginning working capital
Net working capital = $(13,900 - 11,917) = $1,983
Cashflow from asset = (operating Cashflow - Net capital spending - net working capital)
Cashflow from asset = $67,603 - $28,760 - $1,983 = $36,860
Therefore,
Company's Cashflow to stockholders during the year = (Cashflow from asset - Cashflow to creditors)
$36,860 - $30,026 = $6,834
