Reference no: EM133010605
Question - The following information is about Hamza company for year 2020:
Net income $91,000
Operating expenses $210,000
Depreciation expense $33,000
Gain on sale equipment $7,000
Loss on sale trading securities $2,000
Increasing in A/R $11,000
Increasing in Supplies $3,000
Increasing in Allowance for doubtful accounts $6,000
Increasing of Buildings $90,000
Increasing in Salaries payable $18,000
Decreasing in Cash $16,000
Decreasing in Trading securities $4,000
Decreasing in Inventory $25,000
Decreasing in A/P $7,000
Decreasing in Long term bonds $55,000
Required - Compute cash flow from Operating Activities?