medium · Financial Accounting statement-of-cash-flows
A firm's Net Income is 100,000. During the year, Accounts Receivable increased by 10,000, Inventory decreased by 5,000, and Accounts Payable decreased by 2,000.
Using the indirect method, what is the Cash Flow from Operations (CFO)?
- 113,000
- 97,000
- 93,000
- 107,000
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