Question: The following information should be used to prepare a statement of cash flows: Net income $50,000 Provision for bad debts 2,000 Increase in inventory 1,000
The following information should be used to prepare a statement of cash flows:
Net income $50,000
Provision for bad debts 2,000
Increase in inventory 1,000
Increase in A/R 2,000
Purchase of new equipment 15,000
Sale of equipment (for $10,000 gain) 20,000
Depreciation expense 5,000
Repurchase of common stock 10,000
Payment of dividend 4,000
Interest payment 3,000
What is change in cash?
What is net cash flow from financing?
What is net cash flow from investing?
What is net cash flow from operations?
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