Question
The income statement for a project reports net income of $6,000 and a depreciation expense of $800. The balance sheet shows current assets have increased
The income statement for a project reports net income of $6,000 and a depreciation expense of $800. The balance sheet shows current assets have increased from $13,000 to 15,000 and current liabilities have increased from $10,000 to $12,500. What is the cash flow for the project?
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
3rd Edition
0765636891, 9780765636898
