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The financial information on Lazy Day, Inc. is as follows: ...

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Finance

The financial information on Lazy Day, Inc. is as follows:

2016 2017
Cash $ 138 $ 97
Sales 10,204 11,317
Inventory 5,209 5,138
Depreciation 956 948
Cost of goods sold 4,207 4,618
Accounts payable 3,338 3,209
Long-term debt 4,200 3,800
Shareholders equity 9,229 9,906
Accounts receivable 2,780 2,960
Net fixed assets 8,640 8,720
Interest expense 350 320
Selling and administrative expenses 1,015 984
Taxes 1,250 1,512

What is the cash flow to stockholders, CF(S), for 2017?

Possible Answers:

$3,058

$3,698

$2,428

$2,063

$2,258

Answer & Explanation Solved by verified expert
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