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Schmain Incorporated has operating cash flows of $231,045, depreciation expense of $7,780, and taxes paid of $21,590. A partial listing of its balance sheet accounts
Schmain Incorporated has operating cash flows of $231,045, depreciation expense of $7,780, and taxes paid of $21,590. A partial listing of its balance sheet accounts is as follows:
|
| Beginning Balance | Ending Balance |
Current assets | $241,680.00 | $238,509.00 | |
Net fixed assets | $687,810.00 | $703,411.00 | |
Current liabilities | $ 87,340.00 | $91,516.00 | |
Long term debt | $ 392,000.00 | $445,000.00 |
What is the amount of cash flow from assets?
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