Question
In 2012, Eastman Sound Co. had net income of $70,000. If accruals decreased by $45,000, receivables and inventories rose by $50,000, and depreciation was $10,000,
| In 2012, Eastman Sound Co. had net income of $70,000. If accruals decreased by $45,000, receivables and inventories rose by $50,000, and depreciation was $10,000, what was the firms cash flow from operating activities? | |
| I know the correct answer is -155,000 but I can't solve it. Help! |
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Of Synthetic Finance Three Essays Of Speculative Materialism
Authors: Benjamin Lozano
1st Edition
1138790842, 978-1138790841
