Question
In 2020, Flint Corporation reported a net loss of $65,500. Flint's only net income adjustments were depreciation expense $74,400, and increase in accounts receivable $6,600.
In 2020, Flint Corporation reported a net loss of $65,500. Flint's only net income adjustments were depreciation expense $74,400, and increase in accounts receivable $6,600.
Compute Flint's net cash provided (used) by operating activities. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Net cash
by operating activities
$
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
15th edition
1259994975, 125999497X, 1259631117, 978-1259631115
