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The 2022 income statement of Southern Products, Inc., showed $2.2 million EBIT, $490,000 depreciation, $400,000 interest expenses, and its tax rate is 34%. If the

The 2022 income statement of Southern Products, Inc., showed $2.2 million EBIT, $490,000 depreciation, $400,000 interest expenses, and its tax rate is 34%. If the firm's net capital spending for 2022 was $650,000, and the firm increased its net working capital investment by $60,000, find the firm's 2022 cash flow from assets (CFFA). Do not include the $ sign or comma, and round it to a whole dollar, e.g., 2345 (for $2,345).
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The 2022 income statement of Southern Products, Inc., showed $2.2 million EBIT, $490,000 depreciation, $400,000 interest expenses, and its tax rate is 34%. If the firm's net capital spending for 2022 was $650,000, and the firm increased its net working capital investment by $60,000, find the firm's 2022 cash flow from assets (CFFA). Do not include the $ sign or comma, and round it to a whole dollar, e.g.. 2345 (for $2,345 )

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