Question: Bark Company is preparing a cash flow statement using the indirect method. The following data are available: Net Income .............................................. $3,000 Depreciation expense ................................ 22,000
Bark Company is preparing a cash flow statement using the indirect method. The following data are available:
Net Income .............................................. $3,000
Depreciation expense ................................ 22,000
Inventory increase .................................... 12,000
Wages payable decrease ......................... 1,000
Accounts receivable decrease .............. 6,000
Accounts payable decrease................... 9,000
Required: Calculate cash flow from operating activities
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