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J. Clarkson's High Gear Autowerks has an operating profit of $55,962, 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 $143,525 Net Fixed Assets $687,810 $603,891 Current Liabilities $87,340 $80,542 Long-Term Debt $267,000 $248,000

What is the amount of the cash flow from assets?

Financial Management, Finance

  • Category:- Financial Management
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