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Business, 30.03.2020 23:11 jack6563

A company had net income of $262,298. Depreciation expense was $29,125. During the year, accounts receivable and inventory increased by $17,247 and $27,969, respectively. Prepaid expenses and accounts payable decreased by $1,632 and $7,397, respectively. There was also a loss on the sale of equipment of $5,293. How much was the net cash flow from operating activities on the statement of cash flows using the indirect method?

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A company had net income of $262,298. Depreciation expense was $29,125. During the year, accounts re...
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