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Helpless, Inc. had the following operating results for the past year: sales = $22,530; depreciation = $1,290; interest expense = $1,040; cost of goods sold
Helpless, Inc. had the following operating results for the past year: sales = $22,530; depreciation = $1,290; interest expense = $1,040; cost of goods sold = $16,480. The tax rate for the year was 21 percent. Helpless had an increase in net capital spending for the year of $275 and a decrease in net working capital of $125 for the year. What was the company's cash flow from assets (CFFA)? Multiple Choice $5,419 $4,869 $5,119 $5,269
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