Question: Levin Enterprises, which operates from somewhere under the brick and steel of a non-descript building, has an operating profit of $71516, depreciation expense of $5,450,
Levin Enterprises, which operates from somewhere under the brick and steel of a non-descript building, has an operating profit of $71516, depreciation expense of $5,450, and taxes paid of $18,955. A partial listing of its balance sheet accounts is as follows: Beginning Balance Ending Balance Current Assets $185,200 $139502 Net Fixed $800,533 $704919 Assets Current Liabilities Long-Term Debt What is their level of cash flow from assets? $76,308 $93863 $267,000 $248,000
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