Question: DRJ Enterprises uses the indirect method for presenting cash flows from operations. Using the income statement and balance sheet data taken from its most recent
DRJ Enterprises uses the indirect method for presenting cash flows from operations. Using the income statement and balance sheet data taken from its most recent financial statements, what was its net cash flow from operating activities?
Sales $364
Net income $103
Change in accounts receivable $19
Change in inventory $-17
Change in accounts payable $11
Depreciation expense $16
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