Question: True or false. Based on the information below, cash flow from operating activities is $34, 388 Net income 13, 480 Increase in accounts receivable 1,

True or false. Based on the information below, cash flow from operating activities is $34, 388 Net income 13, 480 Increase in accounts receivable 1, 620 Dividends Paid 5, 400 Depreciation expense 18, 560 Issuance of common stock 5, 400 Purchase of equipment 10, 800 Increase in taxes payable 728 True False

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