I’m having problem coming up with my answer. Question: The following information is given to Tripp Company, which uses the indirect method. Net income 20,000 proceeds from sale of equipment 6,000 Depreciation expense 3,000 increase in accounts payable 4,000 increase in accounts receivable 2,000 decrease in inventory 3,000 payment of dividend 2,000 From the information provided, help with answering the question 1. the cash flow from operating activities is 2. the cash flow form investing activities is 3. the cash flow from financing activites is
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I’m having problem coming up with my answer. Question: The following information is given to Tripp Company, which uses the indirect method.
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