According to the information below, what is Enigma's cash flow from operations? 

Enigma has the following financial information: 

Net Income $70,000 

Taxable Income (EBT) $100,000 

Interest Expense $20,000 

Depreciation Expense $15,000 

Tax Expense $30,000 

Increase in Accounts Receivable $20,000 

Decrease in Inventory $40,000 

No change in interest payable or taxes payable.

Answer rating: 100% (QA)

To calculate Enigmas cash flow from operations we can use the indirect method The ca... View the full answer