A company has Net Income of $20- which included $4 of depreciation exp.docx
A company has Net Income of $20, which included $4 of depreciation expense. There were no other noncash expenses in Net Income and there were no gains or losses. Accounts receivable was $40 at the beginning of the year and $25 at the end of the year. Accounts Payable was $25 at the beginning of the year and $15 at the end of the year. Inventory was $22 at the beginning of the year and $27 at the end of the year. All other balance sheet accounts were unchanged over the year. What was the company Solution Net Profit      20 Add: Depreciation                                      4 Add/Less: change in current items Decrease in accounts receivable               15 Decrease in accounts payable                 (10) Increase in Inventory                                (5) Cash flow from operating Activities            $24 so the correct option is \"D\" = $24 .
A company has Net Income of $20- which included $4 of depreciation exp.docx
A company has Net Income of $20, which included $4 of depreciation expense. There were no other noncash expenses in Net Income and there were no gains or losses. Accounts receivable was $40 at the beginning of the year and $25 at the end of the year. Accounts Payable was $25 at the beginning of the year and $15 at the end of the year. Inventory was $22 at the beginning of the year and $27 at the end of the year. All other balance sheet accounts were unchanged over the year. What was the company Solution Net Profit      20 Add: Depreciation                                      4 Add/Less: change in current items Decrease in accounts receivable               15 Decrease in accounts payable                 (10) Increase in Inventory                                (5) Cash flow from operating Activities            $24 so the correct option is \"D\" = $24 .
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A company has Net Income of $20- which included $4 of depreciation exp.docx
- 1. A company has Net Income of $20, which included $4 of depreciation expense. There were no other noncash expenses in Net Income and there were no gains or losses. Accounts receivable was $40 at the beginning of the year and $25 at the end of the year. Accounts Payable was $25 at the beginning of the year and $15 at the end of the year. Inventory was $22 at the beginning of the year and $27 at the end of the year. All other balance sheet accounts were unchanged over the year. What was the company Solution Net Profit      20 Add: Depreciation                                      4 Add/Less: change in current items Decrease in accounts receivable               15 Decrease in accounts payable                 (10) Increase in Inventory                                (5) Cash flow from operating Activities            $24 so the correct option is "D" = $24