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1). 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
1). 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: Beginning balance= $138,590 Ending balance= $129,204
net fixed assets: Beginning balance= $599,608 Ending balance= $597,913
current liabilities: Beginning balance= $143,215 Ending balance= $139,827
long-term debt: Beginning balance= $408,660 Ending balance= $402,120
What is the amount of cash flow from assets? Please show work.
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