Results from a survey conducted in a certain grocery store showed that 3 out of 5 people preferred crispy-flakes cereal to crunc
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Answer:
The amount of cash flow from continuing operating activities under the indirect method is $43,000.
Step-by-step explanation:
Fine Furniture Company had a net income of $50,000.
Accounts receivable increased by $30,000.
The inventory decreased by $20,000.
The accounts payable increased by $4,000.
Salaries payable decreased by $1,000.
The amount of cash flow from continuing operating activities under the indirect method is:
X - an amount
To increase an amount by 3% you can multiply the amount by 1.03.
To increase an amount by 3% you can multiply the amount by 1.03.