In preparing a company's statement of cash flows for the most recent year on the indirect method, the following information is available:

52,000-Net income for the year

18,000-AP decreased

25,000-AR decreased

5,000-Inventories increased

14,000-Cash dividends paid

30,000-Depreciation expense

Net cash provided by operating activities was_________.

Answer rating: 100% (QA)

Prepare the pro forma for the cash flow from operating activities under indirect method Cash flows from operating activities Particulars Amount Cash f... View the full answer