Question: Below is the income statement data of SwiftTech Inc.: Sales$1,800decrease in inventory$120Depreciation$200Increase in accounts receivable$60increase in accounts payable$90After tax profit margin20%Loss on sale of equipment$40

Below is the income statement data of SwiftTech Inc.:

Sales$1,800decrease in inventory$120Depreciation$200Increase in accounts receivable$60increase in accounts payable$90After tax profit margin20%Loss on sale of equipment$40

Based on the above information, what is the Cash flow from operations for SwiftTech Inc.?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Help needed! Using this copy of Kohl?s MS Excel Financial Analysis workbook, complete the ? OCF & FCF Analyses ? and ? RNOA & ROCE Analysis ? worksheets Note: Use care not to delete, hide or reorder...

Please workexercise 2-6 thru 2-12, chapter 2 pages and work template attached. CHAPTER 2 THE FINANCIAL STATEMENTS CHAPTER LEARNING OBJECTIVES Upon completion of this chapter, you should be able to:...

Need the required for exercise2-5 thru 2-16 for year 2014 per provided information on attachement. CHAPTER 2 THE FINANCIAL STATEMENTS CHAPTER LEARNING OBJECTIVES Upon completion of this chapter, you...

I've attached the attachment as a word file, thanks! JWCL165_c13_612-673.qxd 8/13/09 11:15 AM Page 612 13 Statement of Cash Flows Chapter STUDY OBJECTIVES After studying this chapter, you should be...

I got screwed over by a tutor who took my question but when it was due told me he couldn't do it. It was due today but i am going to try to get some credit. I need 6 exercises/problems done. I need...

Hello Josh - thank you for you help with the assignment. I am trying to reload the workbook. I denied the other question and am trying to get it to you this way: Using the MS Excel Financial Analysis...

Using the MS Excel Financial Analysis Template , complete the following workbook tabsusing Kohl's financial information in completing the assignment. Complete these workbook tabs according to the...

East Company's shares are selling right now for $35. They expect that the dividend one year from now will be $2.22 and the required return is 12%. What is East Company's dividend growth rate assuming...

Use the simple deposit multiplier formula to determine how much money $10,000 deposited would create if the bank was required to hold 8%, 10%, and 12% in reserves. Explain what happens to the money...

- Show that GL _ n ( F ) is non - abelian for any n > _ 2 and any F .

Add "Viggo Mortenslet cast = new Map ( ) ;en " to the cast as the key, with value "Aragorn".