= Cash flow from assets - change in net working capital + net capital spending
= - $ 247,500 - $ 124,000 + $ 950,000
= $ 578,500
Answer:
Par value of equity = $4,000/500 shares
= $8 per share
No of shares repurchased = $1,000/$8
= 125 shares
Number of shares outstanding = 500 shares - 125 shares
= 375 shares
Explanation:
In this case, we need to determine the par value of shares by dividing the total worth of shares by the number of shares. Then, we will calculate number of shares repurchased by dividing the excess cash by the par value per share. Finally, we will calculate the number of shares outstanding by deducting the number of shares repurchased from the number of shares available.
In horizontal filling, documents are placed in a horizontal position, one on the top of another in order of date and the latest document is kept on the top. The best example of horizontal filing is flat files and arch lever file.
