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DRJ International uses the indirect method for cash flows. Using the following data taken from its most recent financial statements, what was its net cash
DRJ International uses the indirect method for cash flows. Using the following data taken from its most recent financial statements, what was its net cash flow from operating activities? There were no changes in current assets or current liabilities reported during the year.
Net income | $125 |
Amortization expense | $12 |
Gain | $8 |
Loss | $5 |
Stock compensation expense | $6 |
Depreciation expense | $27 |
Interest expense | $11 |
Tax expense | $32 |
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