Question
Tyler Company has net income of $49,000 and the following items: Depreciation Expense $ 5,000 Accounts Receivable increase 2,000 Inventory increase 10,000 Accounts payable decrease
Tyler Company has net income of $49,000 and the following items: Depreciation Expense $ 5,000 Accounts Receivable increase 2,000 Inventory increase 10,000 Accounts payable decrease 4,000 Using the indirect method, what is Tyler's cash flow from operating activities? Select one: a. $38,000 b. $46,000 c. $58,000 d. $42,000
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Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
978-1111222284
