Mathematics, 23.06.2020 23:01 denysmayatskyy
The following information is given for Tripp Company, which uses the indirect method. Net income $20,000 Depreciation expense 3,000 Increase in accounts receivable 2,000 Payment of dividends 2,000 Proceeds from sale of equipment 6,000 Increase in accounts payable 4,000 Decrease in inventory 3,000 From the information provided, answer the following questions: 1. The cash flow from operating activities is . 2. The cash flow from investing activities is . 3. The cash flow from financing activities is .
Answers: 3
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The following information is given for Tripp Company, which uses the indirect method. Net income $20...
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