Question: Use the indirect method to answer questions 8 and 9. The following information is available for Casey Company: Net income $200 Increase in plant and

Use the indirect method to answer questions 8 and 9. The following information is available for Casey Company:

Net income $200 Increase in plant and equip $ 110
Depreciation expense 50 Payment of dividends 25
Increase in accts. receivables 30 Increase in long-term debt 100
Decrease in inventories 10 Decrease in accounts payable 20

What is cash flow from operating activities for Casey Company?

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