Net income in 2016 = $3,000 Annual depreciation in 2016 = $1,000 Interests in 2016= $500 Working capital in 2016 = $4,000 Working capital in 2015 = $5,000 Net Fixed assets in 2016 $70,000 Cumulative depreciation in 2016 = $5,000 Gross fixed assets in 2015 = $60,000 There is no other long-term assets in the balance sheets of 2015 and 2016. = What is the Cash Flow From Assets (CFFA) for 2016? When answering
Net income in 2016 = $3,000 Annual depreciation in 2016 = $1,000 Interests in 2016= $500 Working capital in 2016 = $4,000 Working capital in 2015 = $5,000 Net Fixed assets in 2016 $70,000 Cumulative depreciation in 2016 = $5,000 Gross fixed assets in 2015 = $60,000 There is no other long-term assets in the balance sheets of 2015 and 2016. = What is the Cash Flow From Assets (CFFA) for 2016? When answering
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter8: Operating Assets: Property, Plant, And Equipment, And Intangibles
Section: Chapter Questions
Problem 8.11AMCP
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