Sansan Company provided the following data for the preparation of the statement of cash flows for...

 

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Sansan Company provided the following data for the preparation of the statement of cash flows for the current year: Decrease in accounts receivable Decrease in income tax payable Depreciation Net income Gain on sale of equipment Loss on sale of building 300,000 175,000 80,000 2,150,000 250,000 95,000 Using the indirect method, what amount should be reported as net cash flow from operating activities? Sansan Company provided the following data for the preparation of the statement of cash flows for the current year: Decrease in accounts receivable Decrease in income tax payable Depreciation Net income Gain on sale of equipment Loss on sale of building 300,000 175,000 80,000 2,150,000 250,000 95,000 Using the indirect method, what amount should be reported as net cash flow from operating activities?

Answer rating: 100% (QA)

Sansan Company Statement Of Cash Flows As At december 31 Net Income Adjustments to reconcile ne... View the full answer