Electronics World had $40,000 in cash at the end of last year and $50,000 in cash...

 

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Electronics World had $40,000 in cash at the end of last year and $50,000 in cash at the end of this year. The firm sold fixed assets totaling $100,000 and borrowed an additional $160,000 of long- term debt. What was their Cash Flow from Operating Activities? Electronics World had $40,000 in cash at the end of last year and $50,000 in cash at the end of this year. The firm sold fixed assets totaling $100,000 and borrowed an additional $160,000 of long- term debt. What was their Cash Flow from Operating Activities?

Answer rating: 100% (QA)

To calculate the Cash Flow from Operating Activities we use the indirect method which begins with ne... View the full answer