uppose that a company's cash flow statement showed the following: o Net Income: $19,917.48 o Depreciation: $3,109.46 o Accounts receivable: $-996.63 o Inventory: $489.61 o Accounts payable: $984.18 What is this company's net cash from operating activities?

uppose that a company's cash flow statement showed the following: o Net Income: $19,917.48 o Depreciation: $3,109.46 o Accounts receivable: $-996.63 o Inventory: $489.61 o Accounts payable: $984.18 What is this company's net cash from operating activities?

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 21E

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Question

Accounting
Suppose that a company's cash flow statement showed the following:
o Net Income: $19,917.48
o Depreciation: $3,109.46
o Accounts receivable: $-996.63
o Inventory: $489.61
o Accounts payable: $984.18
What is this company's net cash from operating activities?
$22,519.92
$23,014.49
$23,516.55
$20,394.64
$23,504.10

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