Examlex

Solved

Keyser Materials Paid $7,500 in Dividends and $28,311 in Interest

question 67

Multiple Choice

Keyser Materials paid $7,500 in dividends and $28,311 in interest over the past year while net working capital increased from $13,506 to $18,219. The company purchased $42,000 in net new fixed assets and had depreciation expenses of $16,805. During the year, the firm issued $25,000 in net new equity and paid off $11,000 in long-term debt. What is the amount of the cash flow from assets?


Definitions:

Multinational Enterprises

Companies that own or control production or service facilities outside the country in which they are based.

Strategic Goals

Long-term objectives an organization aims to achieve that align with its vision and mission, guiding its overall direction and strategic planning.

International Commuters

Individuals who travel across national borders for work on a regular basis, often living in one country while working in another.

Frequent Flyers

Individuals who travel by air often, typically for business reasons, and may accrue benefits from loyalty programs.

Related Questions