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The following information is given for Tripp Company, which uses the indirect method. Net income Depreciation expense Increase in accounts receivable Payment of dividends Proceeds
The following information is given for Tripp Company, which uses the indirect method.
Net income Depreciation expense Increase in accounts receivable Payment of dividends Proceeds from sale of equipment Increase in accounts payable Decrease in inventory
$20,000 3,000 2,000 2,000 6,000 4,000 3,000
From the information provided, answer the following questions:
- The cash ow from operating activities is ________.
- The cash ow from investing activities is ________.
- The cash ow from nancing activities i
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