To find the answer to the question we do the equation 
Which gets us our answer of 20%
Which gets us our answer of 20%
Question 7
1 answer:
You might be interested in
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: