Winston and Sons, Inc., has an operating cash flow of $141,200, depreciation expense of $89,300, and taxes paid of $76,100. A partial listing of their balance sheet accounts is as follows:

Beginning Balance Ending Balance

Current assets $146,800 $132,700

Net fixed assets $989,400 $909,400

Current liabilities $121,600 $138,700

Long-term debt $888,000 $862,500

What is the amount of Winston and Sons' cash flow from assets?

Answer rating: 100% (QA)

We can calculate Winston and Sons cash flow from assets using the indirect method which starts with ... View the full answer