Tyler Company has net income of $49,000 and th following items: Depreciation Expense $ 5,000 Accounts Receivable increase 2,000 Inventory increase 10,000 Accounts payable decrease 4,00 Using the indirect method, what is Tyler's cash flo from operating activities? Select one: a. $38,000

Tyler Company has net income of $49,000 and th following items: Depreciation Expense $ 5,000 Accounts Receivable increase 2,000 Inventory increase 10,000 Accounts payable decrease 4,00 Using the indirect method, what is Tyler's cash flo from operating activities? Select one: a. $38,000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 12MCQ: Smoltz Company reported the following information for the current year: cost of goods sold,...

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Question

Tyler Company has net income of $49,000 and the
following items: Depreciation Expense $ 5,000
Accounts Receivable increase 2,000 Inventory
increase 10,000 Accounts payable decrease 4,000
Using the indirect method, what is Tyler's cash flow
from operating activities? Select one: a. $38,000 b.
$46,000 c. $58,000 d. $42,000

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