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Glitter Girl, Inc. recognized net income of $205,000 including $60,000 in depreciation expense. Additional changes from the balance sheet are as follows. Accounts Receivable $2,000 decrease Prepaid Expenses $15,000 decrease Inventory $36,000 increase Accrued Liabilities $10,000 decrease Accounts Payable $40,000 increase Compute the net cash from operating activities based on the above information.

$156,000

$117,000

$276,000

$281,000

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91971629

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