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What is the net income from information provided below? Dividends $25 Increase in common stock $27 Increase in accounts receivable $65 Increase in inventories $5
What is the net income from information provided below?
Dividends $25
Increase in common stock $27
Increase in accounts receivable $65
Increase in inventories $5
Operating income $215
Increase in accounts payable $40
interest expense $50
Depreciation expense $20
Increase in bank debt $48
Increase in accrued expenses $15
Increase in gross fixed assets $55
Income taxes $45
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