Keyser Materials paid $7,500 in dividends and $28,311 in interest over the past year while net working capital increased from $13,506 to $18,219. The company purchased $42,000 in net new fixed assets and had depreciation expenses of $16,805. During the year, the firm issued $25,000 in net new equity and paid off $11,000 in long-term debt. What is the amount of the cash flow from assets?

Question

Quizplus · Accepted Answer

Cash flow from assets = Net income + Depreciation - Capital expenditures + Increase in net working capital= (7,500 + 28,311) + 16,805 - 42,000 + (18,219 - 13,506)= 21,811

Keyser Materials Paid $7,500 in Dividends and $28,311 in Interest