Find the firm cash flow from assets

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Reference no: EM131959538

The 2013 income statement of Southern Products, Inc., showed $3.4 million EBIT, $500,000 depreciation, $500,000 interest expenses, and its tax rate is 34%. If the firm's net capital spending for 2013 was $400,000, and the firm increased its net working capital investment by $20,000, find the firm's 2013 cash flow from assets (CFFA). Do not include the $ sign or comma, and round it to a whole dollar, e.g., 2345 (for $2,345).

Reference no: EM131959538

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