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The income statement for Ryan Corporation showed the following, Net income $81,000 Depreciation expense 8,000 The balance sheet showed: Accounts Receivable increase $5,000 Accounts Payable
The income statement for Ryan Corporation showed the following,
Net income $81,000
Depreciation expense 8,000
The balance sheet showed:
Accounts Receivable increase $5,000
Accounts Payable decrease 2,000
Cash flow from operating activities is
- $86,000.
- $70,000.
- $82,000.
- d. $66f 000.
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