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Use the indirect method to answer the following three questions. The following information is available for Casey Company: Net income $200 Increase in plant and

Use the indirect method to answer the following three questions. The following information is available for Casey Company: Net income $200 Increase in plant and equip. $ 90 Depreciation expense 50 Payment of dividends 25 Increase in accounts receivable 30 Increase in long-term debt 100 Decrease in inventories 10 Decrease in accounts payable 20

28. What is cash flow from operating activities for Casey Company? *

a. $195

b. $310

c. $210

d. $290

e. None of the above

29. What is cash from financing activities for Casey Company? *

a. $75

b. $125

c. ($125)

d. $55

e. None of the above

30. What is the change in cash for Casey Company? *

a. $85

b. $375

c. $125

d. $195

e. None of the above

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