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Sir, i am stuck on this question need step by step calculations Callaway's net income was asq, ooo. what is the net Cash flows from

Sir, i am stuck on this question need step by step calculations

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Callaway's net income was asq, ooo. what is the net Cash flows from operating activities? Increase Acct Receivable $ 60, 000 Increase salaries payable So, 000 Decrease Inventory 30,00 0 45, 000 Depreciation Expense Increased in prepaid Insurance 3,000Depreciation Expense Increased in prepaid insurance 3000 we assume a business will continue to operate into the future indefinitely. the assumption is known asMultiple Choice O Economic entity assumption. O Going concern assumption. O Monetary unit assumption. O Periodicity assumption

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