On Black Friday, Mason bought a pair of headphones on sale for 40% off the original price. If the original price was $36.80, how
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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: