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For 2022, a company had depreciation expense of $1,300,000, cash flow from operations of $8,000,000, and net capital spending of $6,500,000. The companys net working
For 2022, a company had depreciation expense of $1,300,000, cash flow from operations of $8,000,000, and net capital spending of $6,500,000. The companys net working capital increased by $600,000 during 2022. On December 31, 2021, the company had net fixed assets of $22,000,000. What was the companys CFFA for 2022?
Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50.
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