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Cash Flow From Assets Assignment

Author:
February 19th, 2020

Given the following information, which has been extracted from the financial statements of a company. Answer the question at the bottom of the problem.

Net income in 2018 = $8,000

Annual depreciation in 2018 = $4,000

Interests in 2018= $400

Gross fixed assets in 2017 = $210,000

Net fixed assets 2018 =$200,000

cumulative depreciation in 2018 = $60000

working capital in 2017 = $16,000

working capital in 2018 = $16000.

There is no other long-term assets in the balance sheets of 2017 and 2018.

What is the Cash Flow From Assets (CFFA) for 2018? ______

When answering the question (filling in the blank), DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign in front of first digit for negative numbers. Round to the nearest dollar. Get Finance homework help today

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