Easter Company provided the following data for the preparation of the statement of cash flows: Increase in accounts receivable - 300,000; Decrease in accrued expenses - 170,000; Net loss - 250,000; Depreciation - 1,000,000; Gain on sale of machinery 230,000. What amount should be reported as net cash flows from operating activities using indirect method?
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here