Calculate cash flow from operations using the indirect method and the following data: Net Income was
Fantastic news! We've Found the answer you've been seeking!
Question:
Calculate cash flow from operations using the indirect method and the following data:
Net Income was $57,000 | |||
Accounts receivable decreased by $12,000 | |||
Inventory increased by $9,000 | |||
Proceeds from issuing long term debts was $25,000 | |||
Accounts Payable increased $4,500 | |||
Equipment Purchases were $95,000 | |||
Depreciation and amortization expense was $21,000 | |||
Prepaid expenses decreased $5,000 |
Related Book For
Posted Date: