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FIN 571 (Corporate Finance) Entire Course

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$54,342<br />

$12,314<br />

$18,334<br />

Tre-Bien Bakeries generated net income of $233,412 this year. At year end, the company had accounts<br />

receivables of $47,199, inventory of $63,781, and cash of $21,461. It also had accounts payables of<br />

$51,369, short-term notes payables of $11,417, and accrued taxes of $6,145. The net working capital of<br />

the firm is<br />

$63,510<br />

none of these<br />

Which of the following best represents cash flows to investors?<br />

Earnings before interest and taxes times 1 minus the firm’s tax rate.<br />

Net income, minus dividends paid to preferred stockholders.<br />

Cash flow from operating activity, minus cash flow invested in net working capital, minus cash f<br />

Cash flow from operating activity, plus cash flow generated from net working capital.<br />

<strong>FIN</strong> <strong>571</strong> Week 2 <strong>Course</strong> Material<br />

<strong>FIN</strong> <strong>571</strong> Week 2 Individual Assignment Business Structure Advice

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