Answered: Jenson Ltd. recently reported a net…

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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Question

How much was jenson Ltd net cash flow?

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?

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

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