Problemthe plaza cafe has an operating cash flow of 78460, Ask an Expert

Accounting

Problem:

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

Required:

Question: What is the amount of the cash flow from assets?

Note: Show supporting computations in good form.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168652

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