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Red Barchetta Co. paid $28,085 in dividends and $29,130 in interest over the past year. During the year, net working capital increased from $13,818 to
Red Barchetta Co. paid $28,085 in dividends and $29,130 in interest over the past year. During the year, net working capital increased from $13,818 to $18,544. The company purchased $43,430 in fixed assets and had a depreciation expense of $17,390. During the year, the company issued $25,325 in new equity and paid off $21,455 in long-term debt. What was the company's cash flow from assets?
Select one:
a. $53,742
b. $53,345
c. $52,366
d. $46,629
e. $54,693
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