Red Barchetta Co. paid $27,815 in dividends and $28,752 in interest over the past year. During the year, net working capital increased from $13,674 to $18,394. The company purchased $42,770 in fixed assets and had a depreciation expense of $17,120. During the year, the company issued $25,175 in new equity and paid off $21,245 in long-term debt. What was the company's cash flow from assets?

Answer rating: 100% (QA)

To calculate the cash flow from assets CFFA we can use the formula CFFA Cash flow to creditors Cash ... View the full answer