Company A had the following information available at the end of the most recent fiscal year: Net Income $2,000 Depreciation Expense $500 A/R Increase $600 A/P Increase 400 What is the cash flow from operations?

Company A had the following information available at the end of the most recent fiscal year: Net Income $2,000 Depreciation Expense $500 A/R Increase $600 A/P Increase 400 What is the cash flow from operations?

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter7: Fixed Assets, Natural Resources, And Intangible Assets

Section: Chapter Questions

Problem 7.3.1MBA

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Question

Please do not give solution in image format thanku

Company A had the following
information available at the end of the
most recent fiscal year:
Net Income $2,000
Depreciation Expense $500
A/R Increase $600
A/P Increase 400
What is the cash flow from operations?

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