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Net income =8,20,000 Revenue =5 Million Sales and Administration include depreciation (2 lakh )=38 Lakh Interest expense =50,000 Calculate operating cashflow Gain on sale equipment
Net income =8,20,000 Revenue =5 Million Sales and Administration include depreciation (2 lakh )=38 Lakh Interest expense =50,000 Calculate operating cashflow Gain on sale equipment =40,000 Income tax expense =32 lakh Opening Account receivable =5 lak Closing Account receivable =7.5lal Current liability increase =1.5 lakh
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Financial Accounting
Authors: Walter B. Meigs, A. N. Mosich, Robert F. Meigs
2nd Edition
0070412901, 978-0070412903
