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Nabors, Inc.

2005 and 2006 Balance Sheets

($ in millions)

2005 2006 2005 2006

Cash $ 310 $ 405 Accounts payable $ 2,720 $ 2,570

Accounts rec. 2,640 3,055 Notes payable 100 0

Inventory 3,275 3,850 Total $ 2,820 $ 2,570

Total $ 6,225 $ 7,310 Long-term debt 7,875 8,100

Net fixed assets 10,960 10,670 Common stock 5,000 5,250

Retained earnings 1,490 2,060

Total assets $17,185 $17,980 Total liab.& equity $17,185 $17,980

Q3. What is the change in the net working capital from 2005 to 2006?


What is the amount of the non-cash expenses for 2006?


5. What is the amount of the net capital spending for 2006?


6. What is the operating cash flow for 2006?


7. What is the cash flow of the firm for 2006?


8. What is the amount of net new borrowing for 2006?


9. What is the cash flow to creditors for 2006?


10. What is the operating cash flow for 2006?


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The solution explains various cash flow calculations for Nabors Inc

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