Cash Flows from Operating Activities
Not what you're looking for?
20,000 Depreciation expense
10,000 Gain on sale of equipment
70,000 Accrual based net income
20,000 begining accounts receivable balance
30,000 ending accounts receivable balance
40,000 beginning accounts payable balance
10,000 ending accounts payable balance
How much is cash flows from operating activities?
Please show how you calculated it.
Purchase this Solution
Solution Summary
The solution explains how to calculate the given cash flows from the given operating activities.
Solution Preview
The operating activity cash flow is calculated as
Net Income 70,000
Add: Depreciation 20,000 (this is non cash and so ...
Purchase this Solution
Free BrainMass Quizzes
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Basics of corporate finance
These questions will test you on your knowledge of finance.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.