Ask Question
20 June, 04:08

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?

+1
Answers (1)
  1. 20 June, 07:10
    0
    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
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Lani's generated net income of $911, depreciation expense was $47, and dividends paid were $25. Accounts payables increased by $15, ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers