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For 2019, a company's depreciation expense was $1,600,000, cash flow from operations was $14,000,000, and net capital spending was $6,600,000.

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For 2019, a company's depreciation expense was $1,600,000, cash flow from operations was $14,000,000, and net capital spending was $6,600,000. During 2019, the company's net working capital increased by $1,200,000. On December 31, 2018, the company had net fixed assets of $24,000,000. 


What was the company's CFFA for 2019? 


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To calculate the company s Cash Flow From Assets CFFA f View the full answer


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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Question Details
Chapter # 12- Valuation: Cash-Flow-Based Approaches
Section: INTEGRATIVE CASE
Problem: 2
Posted Date: September 09, 2023 02:57:58
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