Question: From the given income statement compute Cash flow from operating activities. Net Income-$18,000 Depreciation expense-$2,000 Increase in Accounts receivable-$1000 Decrease in Accounts Payable-$5 00.
From the given income statement compute Cash flow from operating activities.
Net Income-$18,000
Depreciation expense-$2,000
Increase in Accounts receivable-$1000
Decrease in Accounts Payable-$500.
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