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Soujuk Industries uses the indirect method for reporting cash flows. Selected information appears below. Net income Accounts receivable increase Inventory increase Loss on sale of
Soujuk Industries uses the indirect method for reporting cash flows. Selected information appears below. Net income Accounts receivable increase Inventory increase Loss on sale of equipment Accounts payable decrease Salaries payable decrease Cash and cash equivalents decrease Depreciation expense Intangibles-related amortization expense Salaries expense Property and equipment increase Retained earnings increase $290,000 10,000 14,000 6,400 7,000 15,000 2,000 46,000 10,000 23,000 550,000 20,000 How much is its net cash flow from operating activities
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