If gamma limited has net income of 130, a depreciation expense of 60, an accounts receivable decrease of 20 over last period, and an accounts payable increase of 10 over last period, what is the company's net operating cash flows.
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Answered by
32
Net operating Cash flow = Net income + Noncash Expenses + Changes in Working Capital
Non cash expenses = depreciation expenses.
Changes in working capital = Increase or decrease in accounts payable.
Doing the substitution we have :
Net operating Cash flow = 130 + 60 + 10 - 20 = 180
Answered by
5
Answer:
220
Step-by-step explanation:
Net operating cash flow = 130 + 60 + 20 + 10 = 220
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