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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
The Vintage Boutique had net income of $50,000. Accounts Receivable increased by $30,000; inventory decreased by $20,000; amounts payable increased by $4,000 and salaries payable decreased by $1,000. The amount of cash flow from continuing operating activities under the indirect method is:
A) $37,000.
B) $43,000.
C) $55,000.
D) $65,000.
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
Amazing, that's all I can say
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