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Business, 05.05.2020 17:36 toxsicity

A company had net income of $245,130. Depreciation expense was $20,107. During the year, accounts receivable and inventory increased by $14,733 and $29,685, respectively. Prepaid expenses and accounts payable decreased by $3,608 and $5,431, respectively. There was also a loss on the sale of equipment of $3,668. How much was the net cash flow from operating activities on the statement of cash flows using the indirect method? a.$215,328

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A company had net income of $245,130. Depreciation expense was $20,107. During the year, accounts re...
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