Complete the cash flow from operating activities section of XYZ Corp.s statement of cash flows. Assume accounts
Question:
Complete the “cash flow from operating activities”
section of XYZ Corp.’s statement of cash flows. Assume accounts receivable decreased by
$5,000, accounts payable decreased by $3,000, and depreciation expense was $2,000. There were no other changes in current assets.
Net income $50,000 Depreciation expense $
Decrease in accounts receivable $
Decrease in accounts payable ($ )
Total cash flow from operations $
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