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Cash flow from operations using indirect

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Income Statement The following information was available for the UMB, Inc. for 2018: Sales $1,425 Cost of goods sold 1,200 Depreciation 100 Interest expense 25 Gain on sale of old machine 10 Taxes 45 Net income 65 Increase in accounts receivable 50 Decrease in inventory 60 Increase in accounts payable 20 What was net cash flow from operations using indirect and direct methods?

Reference no: EM132666775

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Cash flow from operations using indirect : Income Statement The following information was available for the UMB, Inc. for 2018: Sales $1,425 Cost of goods sold 1,200 Depreciation 100 Interest expense 25
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