Question: Please answer this question quick (will like up :)) The following information is available from the current period financial statements: Net income $ 119,452 Depreciation

Please answer this question quick (will like up :))

The following information is available from the current period financial statements: Net income $ 119,452 Depreciation expense 30,744 Increase in accounts receivable 19,423 Decrease in accounts payable 15,627 The net cash flow from operating activities using the indirect method is Oa. $92,504 Ob. $119,452 Oc. $115,146 Od $185.246

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 Accounting Questions!

Please answer this question quick (will like up :)) The following information is available from the current period financial statements: Net income $137,671 Depreciation expense 26,226 17,621...

QUESTION 1 A company had net income of $252.000. Depreciation expense was $26,000. During the year, accounts receivable and inventory increased by $15.000 and $40.000, respectively. Prepaid expenses...

Please solve and possibly show work. Thankkkkkk you!! What is the total stockholders' equity based on the following account balances? Common Stock $1, 125,000 Paid-In Capital in Excess of Par 270,000...

on topics/730895 Module 3 - Discussion 4 - Week 4 Please answer/discuss any two of the following questions, ABC Corporation sold an unused building for $177,000. The building's book value on the date...

The following information is available from the current period financial statements: Net income $87, 500 Depreciation expense 14,000 Increase in accounts receivable 8,000 Decrease in accounts payable...

Need help with these questions. Thank you! 39. The inventory costing method that reports the most current prices in ending inventory is a. FIFO b. average cost c. specific identification d. LIFO 40....

1 - The net income reported on the income statement for the current year was $265,341. Depreciation recorded on fixed assets and amortization of patents for the year were $30,833 and $8,820,...

multiple choice DU A = = = = = 0 Font Paragraph 36. If $3,000,000 of 10% bonds are issued at 97, the amount of cash received from the sale is a. $3,300,000 b. $3,000,000 c. $3,090,000 d. $2,910,000...

Quick! please help Privett Company Accounts payable $32,816 Accounts receivable 69,326 Accrued liabilities 6,631 Cash 24,491 Intangible assets 36,125 Inventory 85,081 Long-term investments 103,813...

1. On February 12, Addison, Inc. purchased 6,000 shares of Lucas Company at $22 per share plus a $240 brokerage fee. On August 22, Lucas paid a $0.42 dividend per share. On November 10, 4,000 shares...

Why do you think it is important to determine a personal mission statement for yourself?

Frank and Jessie plan to organize a corporation to operate a college textbook store, which will be named Fleecem Folios, Ltd. They will each engage in the exchanges described below. What are the tax...

It is common for a client in the ICO to develop dementia - type psychosis suddenly. True False

please post step by step solution Pressurised nitrogen gas is stored in a container at a temperature of 290K. A pipeline transfers the gas from the container to a point of use. An isolation valve -...