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The following information was taken from the 20X1 financial statements of Eiger Corporation, a maker of equipment for mountain and rock climbers: Net income Depreciation
The following information was taken from the 20X1 financial statements of Eiger Corporation, a maker of equipment for mountain and rock climbers: Net income Depreciation Increase (decrease) in Accounts receivable Inventories Prepaid expenses Accounts payable Salaries payable Other current liabilities $ 100,000 30,000 Cash provided by (used in) operating activities 110,000 (50,000) 15,000 (150,000) 15,000 (70,000) Required: 1. Calculate Eiger's cash flow from operating activities for 20X1. (If the cash flow amount is negative, enter your answer with a minus sign.)
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