Reference no: EM132784898
Question - Using the following information compute the amount of net cash flows from operating activities. (ENTER YOUR ANSWER WITHOUT A COMMA)
Depreciation 7,000
Net income 2,000
Beginning Accounts Receivable 10,500
Ending Accounts Receivable 9,000
Beginning Inventory 1,000
Ending Inventory 4,000
Beginning Accounts Payable 3,000
Ending Accounts Payable 4,900
Beginning Salary Payable 6,000
Ending Salary Payable 5,000
Required - Find the amount of net cash flows from operating activities?