The firm generated a net income of AED 15 million. Accounts payables decreased by AED 7...
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The firm generated a net income of AED 15 million. Accounts payables decreased by AED 7 million, accounts receivables decreased by AED 12, inventory decreased by AED 15, and the beginning balance of fixed assets was AED 60 million and became AED 50 million(net fixed assets). There was no interest expense. What was the net cash flow from the operating activity? The firm generated a net income of AED 15 million. Accounts payables decreased by AED 7 million, accounts receivables decreased by AED 12, inventory decreased by AED 15, and the beginning balance of fixed assets was AED 60 million and became AED 50 million(net fixed assets). There was no interest expense. What was the net cash flow from the operating activity?
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Step 11 Net income AED 15000000 Accounts payable decreased AED 7000000 Accounts receivables ... View the full answer
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