Question
carmens candies net income was $40,000. Accts. Receievable decreased by #30,000, merchandise Inventory increased by $20,000, accts. payable decreased by $4,000 and salaries payable increased
carmens candies net income was $40,000. Accts. Receievable decreased by #30,000, merchandise Inventory increased by $20,000, accts. payable decreased by $4,000 and salaries payable increased by $1,000. The net cash flow from operating activities using the indirect method is.
A $33,000, B $47,000, C$ 53,000, D $61,000
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
