Question

Using the following information, compute cash flow from operating activities.
Increase in accounts receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 300
Decrease in income taxes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170
Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 250
Gain on sale of equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 440
Loss on sale of building . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 210



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  • CreatedJanuary 28, 2012
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