contestada

The Plaza Cafe has an operating cash flow of $78,460, depreciation expense of $8,960, and taxes paid of $21,590. A partial listing of its balance sheet accounts is as follows:
Beginning balance Ending balance
Current assets 141,680 138,509
Net fixed assets 687,810 703,411
Current liabilities 87,340 91,516
Long-term debt 267,000 248,000
What is the amount of cash flow from assets?
a) $58,913
b) $61,246
c) $64,128
d) $61,487
e) $63,909

Respuesta :

Answer:

$61,246 Cash Inflow

Explanation:

  • Computation of Cash Flow

Cash flow from operating                         $78,460

Add : Opening current assets                 $141,680

Opening fixed assets                               $687,810                                  

Closing current liabilities                          $91,516

                                                                 $999,466

Less: Closing current assets                    $138,509

Closing fixed assets                                 $703,411

Opening current liabilities                        $87,340

Depreciation Expenses                            $8,960

Cash Inflow                                              $61,246