Winston and Sons, Inc., has an operating cash flow of $141,200, depreciation expense of $89,300, and taxes
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Question:
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?
Related Book For
Financial Accounting and Reporting
ISBN: 978-0273744443
14th Edition
Authors: Barry Elliott, Jamie Elliott
Posted Date: