Net Income $1200 $1500
Depreciation $200 $300
Total Current Assets $700 $900
Total Current Liabilities $500 $800
During 2002, the company made capital expenditures totaling $500 and disposed of property worth $400.
What is the company's cash flow from operating activities for 2002?© BrainMass Inc. brainmass.com February 24, 2021, 2:20 pm ad1c9bdddf
* Some information is not correctly stated in this question. When calculating CF, of Current Asset accounts we usually need to know the change in A/R and Inventory, but not Cash account. However, only information of Total Current Assets is given, so I have to assume there's no change in ...
The solution has been prepared, but there are several notes about inadequate information presented with the problem to complete a true cash flow from operating activities. Still, a solution was completed with the exceptions carefully noted.