Calculate cash flow from operating activities during year

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Bamboo Co. Limited had a profit after tax of $75 000 for the financial year. Included in this profit was:

Depreciation expense of $22 000

Gain on sale of investments of $6 000

Also, accounts receivable increased by $26 000 and inventories decreased by $8 000.

Problem 1: Calculate the cash flow from operating activities during the year.

Reference no: EM132935795

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