The Plaza Cafe has an operating cash flow of $78,460,depreciation expense of $8,960,and taxes paid of $21,590.A partial listing of its balance sheet accounts is as follows: What is the amount of the cash flow from assets?

Question

The Plaza Cafe has an operating cash flow of $78,460,depreciation expense of $8,960,and taxes paid of $21,590.A partial listing of its balance sheet accounts is as follows:  What is the amount of the cash flow from assets?

Quizplus · Accepted Answer

Cash flow from assets = $78,460 - ($703,411 - $687,810 + $8,960) - [($138,509 - $91,516) - ($141,680 - $87,340)] = $61,246

The Plaza Cafe Has an Operating Cash Flow of $78,460,depreciation