Suppose Stuart Company has the following results related to cash flows for 2017: Net Income of $5,600,000 Increase in Accounts Payable of $600,000 Decrease in
Suppose Stuart Company has the following results related to cash flows for 2017:
Net Income of $5,600,000 Increase in Accounts Payable of $600,000 Decrease in Accounts Receivable of $900,000 Increase in Inventory of $200,000
Assuming no other cash flow adjustments than those listed above, create a statement of cash flows with amounts in thousands.
What is the Net Cash Flow from Operating Activities?
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Authors: Eddie McLaney, Dr Peter Atrill, Eddie J. Mclan
5th Edition
0273733206, 978-0273733201
