Prepare Statement of operating activities.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Prepare Statement of operating activities.

Net income: $640,000
Depreciation expense: $79,000
Increase in accounts receivable: $25,000
Decrease in inventory: $14,000
Dividends paid: $8,000
Transcribed Image Text:Net income: $640,000 Depreciation expense: $79,000 Increase in accounts receivable: $25,000 Decrease in inventory: $14,000 Dividends paid: $8,000
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