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Wolverine, Inc. has revenues of $250,000, earnings before interest and taxes of $139,000, depreciation of $3,000, and taxes of $42,000. Last years' net working capital
Wolverine, Inc. has revenues of $250,000, earnings before interest and taxes of $139,000, depreciation of $3,000, and taxes of $42,000. Last years' net working capital totaled $30,000. The change in net fixed assets was $5,000 for this year. They also had current liabilities totaling $34,000 and current assets totaling $10,000. What is Wolverine, Inc.'s cash flows from assets
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