Question
KASE has an accrual basis net income of $189,000 and the following related items: Amortization expense $68,000 Accounts receivable increase 24,000 Inventory increase 17,000 Interest
KASE has an accrual basis net income of $189,000 and the following related items:
| Amortization expense | $68,000 |
| Accounts receivable increase | 24,000 |
| Inventory increase | 17,000 |
| Interest payable decrease | 8,000 |
| Dividends paid | 10,000 |
What is KASEs net cash flow from operating activities?
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Financial Accounting
Authors: David Spiceland
6th Edition
1265889716, 978-1265889715
