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Red Barchetta Co. paid $28,175 in dividends and $29,256 in interest over the past year. During the year, net working capital increased from $13,866 to

Red Barchetta Co. paid $28,175 in dividends and $29,256 in interest over the past year. During the year, net working capital increased from $13,866 to $18,594. The company purchased $43,650 in fixed assets and had a depreciation expense of $17,480. During the year, the company issued $25,375 in new equity and paid off $21,525 in long-term debt. What was the company's cash flow from assets?

Multiple Choice

  • $52,602

  • $53,978

  • $53,581

  • $54,929

  • $46,769

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