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Use the indirect method to answer the next four questions. The following information is available for Casey Company s90 Decrease in plant and equip. Payment
Use the indirect method to answer the next four questions. The following information is available for Casey Company s90 Decrease in plant and equip. Payment of dividends Net income 30 Increase in long-lerm debt 10l Increase in accounts payable 100 receivable What is cash ftow from operating activities for Casey Company? A. $195 B. $290 C. $210 D. $310 6. What is cash from investing activities for Casey Company? A. $90 B. (S215) C. (590) D. $215 7 What is cash from financing activities for Casey Company? A. S35 B. (S 125) C. $125 D. $75 8. What is the change in cash for Casey Company? A. $455 B. $125 C.$195 D. $375 9. Which of the following items are included in the adjustments to net income to obtain cash fnhow from opcrating activities? A. The gain from an asset sale and the payment of di B. The change in inventory and depreciation expense C. The change in accounts receivable and the acquisition of land. D. Payment of dividends and depreciation expense
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