The Plaza Cafe has an operating cash flow of $83,770, depreciation expense of $43,514, and taxes paid of $21,590. A partial listing of its balance sheet accounts is as follows: Current assets Net fixed assets Current liabilities Long-term debt Beginning Ending Balance O a. $61,487 O b. $26,359 C. $43,909 d. $47,949 e. $35,953 Balance 5 599,608 143,215 $138,590 $129,204 597,913 139,827 408,660 402,120 What is the amount of the cash flow from assets?
The Plaza Cafe has an operating cash flow of $83,770, depreciation expense of $43,514, and taxes paid of $21,590. A partial listing of its balance sheet accounts is as follows: Current assets Net fixed assets Current liabilities Long-term debt Beginning Ending Balance O a. $61,487 O b. $26,359 C. $43,909 d. $47,949 e. $35,953 Balance 5 599,608 143,215 $138,590 $129,204 597,913 139,827 408,660 402,120 What is the amount of the cash flow from assets?
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 7MC
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