• Linux Inc. had current assets of $1,500 and $2,000 for 2021 and 2022 respectively. Its current liabilities are $1,300 for 2021 and $1,700 for 2022. In addition, it had deprecation of $300, and a beginning fixed asset value of $3,000 and an ending fixed asset value of $4,000. Beginning non- current liabilities of $2,200 and an ending balance of non-current liabilities $2,800. The equity is equal to $750 and retained earnings is $750. Earning after interest and taxes is $1,500. Interest expense is equal to $200 whereas taxes is equal to $1, 000. The company paid $1,250 in dividends.
• 
  
• Required:
• Calculate the cash flow from assets.

Answer rating: 100% (QA)

Calculate the cash flow from assets Beginning fixed assets 3000 Ending fixed assets 4000 Depreciatio... View the full answer