Red Barchetta Company paid $28,130 in dividends and $29,193 in interest over the past year. During the year, net working capital increased from $13,842 to $18,569. The company purchased $43,540 in fixed assets and had a depreciation expense of $17,435. During the year, the company issued $25,350 in new equity and paid off $21,490 in long-term debt. What was the company's cash flow from assets? Multiple Choice $53,860 $46,699 О $53,463 $52,484 $54,811

Red Barchetta Company paid $28,130 in dividends and $29,193 in interest over the past year. During the year, net working capital increased from $13,842 to $18,569. The company purchased $43,540 in fixed assets and had a depreciation expense of $17,435. During the year, the company issued $25,350 in new equity and paid off $21,490 in long-term debt. What was the company's cash flow from assets? Multiple Choice $53,860 $46,699 О $53,463 $52,484 $54,811

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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