Question
Perrymore reports the following items related to the statement of cash flows: Net loss $35,000 Gain on sale of equipment $17,000 Purchase of equipment $26,200
Perrymore reports the following items related to the statement of cash flows:
Net loss $35,000
Gain on sale of equipment $17,000
Purchase of equipment $26,200
Depreciation expense $49,000
Increase in accounts receivable $3,500
Increase in income tax payable $8,600
Cash received from sale of bonds $86,000
What amount would Perrymore report for "Cash from operating activities"?
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Practical Guide To Auditing SAP Systems
Authors: Martin Metz, Sebastian Mayer
1st Edition
3960126409, 978-3960126409
