Jenson Ltd. recently reported a net income of $5,320 and depreciation of $970. How much was its net cash flow, assuming it had no amortization expense and sold none of its fixed assets?
Jenson Ltd. recently reported a net income of $5,320 and depreciation of $970. How much was its net cash flow, assuming it had no amortization expense and sold none of its fixed assets?
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 5P: Kendall Corners Inc. recently reported net income of 3.1 million and depreciation of 500,000. What...
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![Jenson Ltd. recently reported a
net
income of $5,320 and
depreciation of $970. How much
was its net cash flow, assuming it
had no amortization expense and
sold none of its fixed assets?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F38f83564-0fea-4253-acc6-e6981f5c71c3%2Fc1bfa7e4-b339-49a0-b46e-b91a4cb4342f%2Fk3b48u_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Jenson Ltd. recently reported a
net
income of $5,320 and
depreciation of $970. How much
was its net cash flow, assuming it
had no amortization expense and
sold none of its fixed assets?
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