Question
For 2020, a companys net capital spending was $2,600,000, its depreciation expense was $600,000, and its cash flow from operations was $5,000,000. The companys net
For 2020, a companys net capital spending was $2,600,000, its depreciation expense was $600,000, and its cash flow from operations was $5,000,000. The companys net working capital increased by $400,000 during 2020. The company had net fixed assets of $10,000,000 on December 31, 2019. What was the companys CFFA for 2020?
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Simple Techniques For Managing Your Finances
Authors: Geary Reid
1st Edition
9768305231, 978-9768305237
