An income statement for a company for the current year shows $400,000 as net income. The company's

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An income statement for a company for the current year shows $400,000 as net income.

The company's depreciation expense is $10,000.

Changes considered were that accounts payables increased by $10,000, and also inventory increased by $100,000.

Calculate the company's cash flow from operations for the current year

Explain if the current situation can be concerning or not.

Related Book For answer-question

Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Posted Date: May 27, 2023 02:01 PM

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An income statement for a company for the current year shows $400,000 as net income. The company's

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1 Start with Net Income 400000 2 Add Back Depreciation Expense 10000 3 Adjust for Changes in Working ... View the full answer

Foundations of Financial Management

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