Question
selected information from A company's 2020 business results: Net sales $1200 COGS 650 Net Income 525 Depreciation Expense 20 Gain on sale of equipment 20
selected information from A company's 2020 business results:
Net sales $1200
COGS 650
Net Income 525
Depreciation Expense 20
Gain on sale of equipment 20
decrease in accounts receivable 25
increase in inventory 100
increase in account payable 50
cash interest paid 45
cash interest received 20
dividends paid 25
What is the company's cash flow from operations?
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Introductory Financial Accounting for Business
Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
