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Question 13 Not yet answered Marked out of 1.00 Flag question Gadget Tech Corporation shows the following information on its 2019 income statement: Sales $250,000
Question 13 Not yet answered Marked out of 1.00 Flag question Gadget Tech Corporation shows the following information on its 2019 income statement: Sales $250,000 Costs of goods sold $105,600 Marketing expenses $10,000 Administration cost $20,000 Depreciation $10,900 Interest paid $15,000 Corporation tax 32% Dividend $35,000 In addition, during 2019, the firm issued $100,000 in new equity during and paid $36,000 in outstanding long-term debt. Based on the following details, compute the cash flow from assets. Select one: a. - $41,000 b. $141,000 c. $14,000 d. $114,000
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