Firm increased its net working capital investment

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Reference no: EM131189000

The 2013 income statement of Southern Products, Inc., showed $3.2 million EBIT, $410,000 depreciation, $500,000 interest expenses, and its tax rate is 34%. If the firm's net capital spending for 2013 was $540,000, and the firm increased its net working capital investment by $40,000, find the firm's 2013 cash flow from assets (CFFA).

Reference no: EM131189000

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