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Business, 09.10.2019 17:30 sierram298

Kentucky company uses the indirect method to prepare the statement of cash flows. refer to the following income statement: kentucky company income statement year ended december 31, 2019 sales revenue $249,000 interest revenue 2300 gain on sale of plant assets 5300 total revenues and gains $256,600 cost of goods sold 124,000 salary expense 43,000 depreciation expense 14,000 other operating expenses 20,000 interest expense 1600 income tax expense 5100 total expenses 207,700 net income (loss) $48,900 additional information provided by the company includes the following: current assets, other than cash, increased by $21,000. current liabilities decreased by $1200. compute the net cash provided by (used for) operating activities.

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Kentucky company uses the indirect method to prepare the statement of cash flows. refer to the follo...
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