contestada

Red Barchetta Co. paid $28,130 in dividends and $29,193 in interest over the past year. During the year, net working capital increased from $13,842 to $18,569. The company purchased $43,540 in fixed assets and had a depreciation expense of $17,435. During the year, the company issued $25,350 in new equity and paid off $21,490 in long-term debt. What was the company's cash flow from assets?

Respuesta :

saqib097

Answer:

= $53,463

Explanation:

To calculate the cash flow:

= (Interest paid over the past year + long-term debt paid ) + ( Cash paid in dividends - Equity Issued)

Cash flow from assets = ($29,193 + 21,490) + ($28,130 − 25,350)

= $50,683 + 2,780

= $53,463

Otras preguntas