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The following information is about :Hamza company for year 2020 Net income $91,000 Operating expenses $210,000 Depreciation expense $33,000 Gain on sale equipment $7,000 Loss
The following information is about :Hamza company for year 2020 Net income $91,000 Operating expenses $210,000 Depreciation expense $33,000 Gain on sale equipment $7,000 Loss on sale trading securities $2,000 Increasing in A/R $11,000 Increasing in Supplies $3,000 Increasing in Allowance for doubtful accounts $6,000 Increasing of Buildings $90,000 Increasing in Salaries payable $18,000 Decreasing in Cash $16,000 Decreasing in Trading securities $4,000 Decreasing in Inventory $25,000 Decreasing in A/P $7,000 Decreasing in Long term bonds $55,000 Required: Compute "cash flow from * ."Operating Activities
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