Use the indirect method to ans

Use the indirect method to answer the following three questions. The following information is available for Casey Company:
Net income $200 Increase in plant and equip. $ 90
Depreciation expense 50 Payment of dividends 25
Increase in accounts receivable 30 Increase in long-term debt 100
Decrease in inventories 10 Decrease in accounts payable 20

28. What is cash flow from operating activities for Casey Company? *

a. $195

b. $310

c. $210

d. $290

e. None of the above

29. What is cash from financing activities for Casey Company? *

a. $75

b. $125

c. ($125)

d. $55

e. None of the above

30. What is the change in cash for Casey Company? *

a. $85

b. $375

c. $125

d. $195

e. None of the above

Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount

Posted in Uncategorized