72The following information is available for ASEU Co Net Inc

72·The following information is available for ASEU Co. Net Income Depreciation expense Increase in deferred lax liabilities Decrease in acoounts reccivable Increase in inventories Decrease Increase in accrued liabilities Increase in property and oquipment Increase in short-term notes payable Decrease in long-term notes payable What is the net cash flow from the operating activies? Show solutionm in accounts payable 19,000

Solution

Net income 5000 Adjustments: Depreciation expense 2500 Decrease in Accounts Receivable 2000 Increase in Inventories -9000 Decrease in Accounts Payable -5000 Increase in Accrued liabilities 1000 Increase in Deferred tax liabilities 500 -8000 Net cash flow from operating activities -3000