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| Teaching Since: | May 2017 |
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| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
What Were the Payments to Shareholders? (Easy}
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a. A firm generated $410 million in free cash flow and spent $340 million of this paying net interest and buying down its net debt. What was the net payout to shareholders?
b. The same firm issued shares for $50 million and there were no share repurchases. What was the cash dividend paid to shareholders?
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