Question: Using information provided in the table below for Bowling Co, what is the cash flow from investment activities? Net income $2,000 Depreciation expense 500 Increase
Using information provided in the table below for Bowling Co, what is the cash flow from investment activities? Net income $2,000 Depreciation expense 500 Increase in deferred taxes 500 Decrease in accounts receivable 2,000 Increase in inventories 3,000 Decrease in accounts payable 3,000 Increase in accrued liabilities 1,000 Decrease in gross property and equipment 12,000 Dividends 2,000 Decrease in short-term notes payable 13,000 Increase in long term debt 4,000
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