Red Barchetta Co. paid $28,265 in dividends and $29,382 in interest over the past year. During the year, net working capital increased from $13,914 to $18,644. The company purchased $43,870 in fixed assets and had a depreciation expense of $17,570. During the year, the company issued $25,425 in new equity and paid off $21,595 in long-term debt. What was the company's cash flow from assets?
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
NET INCOME IS NOT GIVEN, SO WE HAVE TO APPLY SECOND FORMULA FOR FINDING CASH FLOW FROM ASSETS
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