Claire M.

asked • 10/12/20

Answer with working

Weedon Ltd is trying to do some financial planning for the coming year. Weedon Ltd plans to raise $10,000 in new equity this year and wants to pay a dividend to shareholders of $39,000 in total. The company must pay $20,000 interest during the year and will also pay down principal on its debt obligations by $10,000. If the company continues with its capital budgeting plan, it will require $112,793 for capital expenditures during the year. Given the above information, how much cash must be provided from operations for the company to meet its plan?

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