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kumpel [21]
3 years ago
14

Lani's generated net income of $911, depreciation expense was $47, and dividends paid were $25. Accounts payables increased by $

15, accounts receivables increased by $28, inventory decreased by $14, and net fixed assets decreased by $8. There was no interest expense. What was the net cash flow from operating activity?
Business
1 answer:
guajiro [1.7K]3 years ago
5 0

Answer:

What was the net cash flow from operating activity? $959

Explanation:

Net Income                 911  

Addition to cash    

Depreciation                   47  

 

958  

 

Operation activities  

Account Payable               15 Increase

Account receivables      -28 Increase

Inventory                         14 Decrease

 

Cash flow from

operating activities      959  

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