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The following information is available for Armstrong Company: Net income $450 Increase in plant and equip. $170 Depreciation expense 80 Payment of dividends. 10
The following information is available for Armstrong Company: Net income $450 Increase in plant and equip. $170 Depreciation expense 80 Payment of dividends. 10 Decrease in accounts receivable 20 Increase in long-term debt 100 Increase in inventories 15 Decrease in accounts payable. 30 What is cash from investing activities for Armstrong Company? Only partial credit will be The following information is available for Armstrong Company: Net income $450 Increase in plant and equip. $170 Depreciation expense 80 Payment of dividends. 10 Decrease in accounts receivable 20 Increase in long-term debt 100 Increase in inventories 15 Decrease in accounts payable. 30 What is cash from financing activities for Armstrong Company? Only partial credit will be The following information is available for Armstrong Company: Net income $450 Increase in plant and equip. $170 Depreciation expense 80 Payment of dividends. 10 Decrease in accounts receivable 20 Increase in long-term debt 100 Increase in inventories 15 Decrease in accounts payable. 30 What is the change in cash for Armstrong Company? Only partial credit will be given for
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