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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.

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.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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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.

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