Question: Problem 4 2.Using the indirect method, calculate the amount of net cash flows from operating activities from the following data. Show your work. Net Income
Problem 4 2.Using the indirect method, calculate the amount of net cash flows from operating activities from the following data. Show your work. Net Income Beginning Accounts Beginning Accounts Payable$3,000 Ending Accounts Payable Depreciation Expense Amortization of Intangible $51,000 10,200 Receivable Ending Accounts Receivable Beginning Prepaid Expenses Ending Prepaid Expenses 5,000 4,400 1,000 1,400 800 Assets Dividends Declared and Paid 2,200
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