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help A company had net income of $294,330. Depreciation expense is $21,287. During the year, Accounts Receivable and Inventory increased by $16,709 and $28,511, respectively.
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A company had net income of $294,330. Depreciation expense is $21,287. During the year, Accounts Receivable and Inventory increased by $16,709 and $28,511, respectively. Prepaid Expenses and Accounts Payable decreased by $1,288 and $4,720, respectively. There was also a loss on the sale of equipment of $5,980. How much was the net cash flow from operating activities on the statement of cash flows using the indirect method? Oa. $272,945 Ob. $313,227 Oc. $321,597 O d. $260,985 Step by Step Solution
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