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What was the company CFFA

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Question - For 2019, a company's depreciation expense was $1,200,000, cash flow from operations was $10,000,000, and net capital spending was $5,200,000. During 2019, the company's net working capital increased by $800,000. On December 31, 2018, the company had net fixed assets of $20,000,000. What was the company's CFFA for 2019?

Reference no: EM133077463

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