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Please answer both and show work DePaul Industries uses the indirect method. Selected information appears below Net income Accounts receivable increase Inventory increase Loss on
Please answer both and show work
DePaul Industries uses the indirect method. Selected information appears below Net income Accounts receivable increase Inventory increase Loss on sale of equipment Accounts payable decrease Income tax payable decrease Depreciation expense $370,000 10,000 14,000 6.400 7.000 15.000 46,000 How much is its net cash flow from operating activities? During 2016, Flossmoor Company had 50,000 shares of S20 par value common stock and 7,000 shares of 8%, $60 par value convertible preferred stock outstanding. Flossmoor Company's 2016 net income was 5900,000. Compute earnings per share for 2016Step by Step Solution
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