Cash Flow From Operations. Zwenger Company reported a net income of ($ 132,000) for the year. Included

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Cash Flow From Operations. Zwenger Company reported a net income of \(\$ 132,000\) for the year. Included as deductions on the income statement were depreciation of \(\$ 46,000\) and loss on the sale of equipment of \(\$ 7,000\). Accounts receivable increased by \(\$ 6,000\), and inventories decreased by \(\$ 5,000\).

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Compute the cash flow from operations for the year.

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Managerial Accounting

ISBN: 9780538842822

9th Edition

Authors: Harold M. Sollenberger, Arnold Schneider, Lane K. Anderson

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