Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ripplingbrook mining co. had operating cashflow eq

RipplingBrook Mining Co. had operating cashflow equal to $50,000. Depreciation expense during the year was...

90.2K

Verified Solution

Question

Accounting

RipplingBrook Mining Co. had operating cashflow equal to $50,000. Depreciation expense during the year was $7,500. Interest expense was $3,000 and the company paid down $3,500 in long term debt. The company spent $20,000 on new equipment and had an increase in working capital of $1,000. What was the cash flow to stockholders (Explain answer)?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Write a detailed essay on lisinopril.

Medical Sciences
Q

What anitsera agglutinates Blood types:  A negative, B positive and AB negative?

Medical Sciences
Q

Briefly describe (10 to 15 sentences) how an analog oscilloscope displays a periodic waveform. Assume the...

Electrical Engineering
Q

Which cellular event might occur because of changes in enzyme structure when a cell is...

Biology
Q

GD METABOLISM customized Select the statement s that correctly describe s th ANTE The activation...

Biology
Q

2 For the following quadric surface x 2 y z 2 0 a Sketch at...

Calculus
Q

2 Here is a polygon A D B C a Draw the dilation of ABCD...

Calculus
Q

An antenna is put on a steep roof of a house The angle of inclination...

Algebra
Q

Edgerron Company is able to produce...

Accounting
Q

The Pasta Division of Whole Grain Corporation had sales of $6,500,000 and cost of sales...

Accounting
Q

please give 3-5 examples of a business that would have a significant amount of prepaid...

Accounting
Q

Additional Questions on Chapter 12 Name: InterCont is a construction company that plans on purchasing...

Accounting