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Company X had net income of $106 for the year just ended. The following information was available from the recent year. Note: in the table,
Company X had net income of $106 for the year just ended. The following information was available from the recent year. Note: in the table, increases assets and liabilities are shown as positives, while decreases in assets and liabilities are shown as negatives. Change in inventory 2 Depreciation Expense 15 Change in accounts payable -7 Gain from sale of equipment 8 Change in accumulated depreciation 7 Change in retained earnings 84 Company X's net cash flow from operations using the indirecunod was
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