Neuf Dix Corporation provided the following information for 2021. December 31 Cash Retained Earnings Cash flow...

 

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Neuf Dix Corporation provided the following information for 2021. December 31 Cash Retained Earnings Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities Dividends declared and paid Net Income 1,500,000 7,000,000 ? (4,800,000) 1,800,000 2,000,000 3,600,000 January 1 What amount should be reported as cash flows from operating activities? (2 points) 1,000,000 5,400,000 Neuf Dix Corporation provided the following information for 2021. December 31 Cash Retained Earnings Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities Dividends declared and paid Net Income 1,500,000 7,000,000 ? (4,800,000) 1,800,000 2,000,000 3,600,000 January 1 What amount should be reported as cash flows from operating activities? (2 points) 1,000,000 5,400,000

Answer rating: 100% (QA)

To calculate the cash flow from operating activities we can use the indirect method for the statemen... View the full answer