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Kiba Enterprises has an operating cash flow of $78,460, depreciation expense of $8,960, and taxes paid of $21,590. A partial listing of its balance sheet
Kiba Enterprises has an operating cash flow of $78,460, depreciation expense of $8,960, and taxes paid of $21,590. A partial listing of its balance sheet accounts is as follows:
Beginning Balance Ending Balance
Current Assets 141680 138509
Net Fixed Assets 687810 703411
Current Liablities 87340 91516
Long Term Debt 267000 248000
What is the amount of the cash flow from assets?
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