For Year 2020, a local franchise commercial landscaping company, had sales of $42,500, cost of goods sold of $27,900, depreciation expense of $1,900, interest expense of $1,450, and dividends paid of...


For Year 2020, a local franchise commercial landscaping company, had sales of $42,500, cost of goods sold of $27,900, depreciation expense of $1,900, interest expense of $1,450, and dividends paid of $900. At the beginning of the year, net fixed assets were $15,000, current assets were $8,900, and current liabilities were $5,600. At the end of the year, net fixed assets were $17,600, current assets were $8,900, and current liabilities were $7,800. The tax rate was 34 percent.


What is the cash flow from assets for 2020?



The formula I have for Cash Flow needs different information than what has been given and I cannot figure out how to adjust currently.



Jun 08, 2022
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