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The following information is available for Armstrong Company. Use the indirect method to compute answers the following questions. Show your work. Net Income Depreciation
The following information is available for Armstrong Company. Use the indirect method to compute answers the following questions. Show your work. Net Income Depreciation Expense Decrease in Accounts Receivable Increase in Inventories Increase in Property, Plant, and Equipment Payment of Dividends Increase in long-term debt Decrease in Accounts Payable (in 000's) 450 80 20 15 170 10 100 30 1. What is cash flow from / (for) operating activities for Armstrong Company? 2. What is cash flow from / (for) investing activities for Armstrong Company? 4. What is the net change in cash for Armstrong Company? 3. What is cash flow from / (for) financing activities for Armstrong Company?
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