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During 2019, a companys net working capital increased by $300,000. For 2019, the companys cash flow from operations was $3,500,000, its net capital spending was
During 2019, a companys net working capital increased by $300,000. For 2019, the companys cash flow from operations was $3,500,000, its net capital spending was $1,700,000, and its depreciation expense was $400,000. The company had net fixed assets of $6,000,000 on December 31, 2018. What was the firms cash flow from assets?
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