samantha636
samantha636
31.05.2021 • 
Business

A company reported net income of $200,000 during 2014. The company reported depreciation expense of $35,000, patent amortization of $10,000 and a $5,000 loss on the sale of equipment. Using the indirect method, how much is the company’s cash flow from operating activities? A. $245,000.
B. $250,000.
C. $240,000.
D. $235,000.

Solved
Show answers

Ask an AI advisor a question