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Compute the net cash from operating activities

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Reference no: EM131822091

Question - Glitter Girl, Inc. recognized net income of $150,000 including $26,000 in depreciation expense.

Additional changes from the balance sheet are as follows.

Accounts Receivable $3,500 decrease

Prepaid Expenses $15,000 decrease

Inventory $35,500 increase

Accrued Liabilities $12,000 decrease

Accounts Payable $20,000 increase

Compute the net cash from operating activities based on the above information.

$132,500

$79,000

$205,500

$167,000

Reference no: EM131822091

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