Using the following information for Stewart Auto, Inc., calculate the net cash flow from operating activities using the indirect method
Net income $150,000
Depreciation expense 10,000
Increase in accounts receivable 4,000
Decrease in inventory 5,000
Increase in accounts payable 8,000
Loss on sale of equipment 7,000
The net cash provided by operating activities is:
A. $142,000.
B. $144,000.
C. $160,000.
D. $176,000.
D
Business
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The use of aggressive personal selling and trade advertising by a manufacturer to convince a wholesaler or a retailer to carry and sell particular merchandise is known as a__________strategy
Fill in the blanks with correct word.
Business
A photocopier cost $102,000 when new and has accumulated depreciation of $90,000. If the business discards this plant asset, the result is ________
A) a loss of $12,000 B) a loss of $11,250 C) a gain of $12,000 D) no gain or no loss
Business