Panache Interiors purchased $2,790 in net new fixed assets and had depreciation expenses of $1,150. The company increased net working capital by $2,800 and paid out $2,250 in dividends and $4,900 in interest over the past year. The firm also issued $3,500 worth of stocks and paid off $790 in long-term debt. What is the amount of the company's Cash Flow from Assets? Responses $8,450 $17,030 $15,450 $4,440

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Panache Interiors purchased $2,790 in net new fixed assets and had depreciation expenses of $1,150. The company increased net working capital by $2,800 and paid out $2,250 in dividends and $4,900 in interest over the past year. The firm also issued $3,500 worth of stocks and paid off $790 in long-term debt. What is the amount of the company's Cash Flow from Assets?

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$8,450

$17,030

$15,450

$4,440

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