Question

Assume that Galena Companys income statement showed depreciation expense of $10,000, a on sale of investments of $7,000, and a net income of $51,000. (a) Calculate the cash flow from operating activities using the indirect method and (b) compute Galenas operating-cash-flovw capital-expenditures ratio. gain ow-to- B Cash Flow from Operating Activities (Indirect Method) Cairo Company had a $24,000 net loss from operations. Depreciation expense for the year was $9,600, and a dividend of $5,000 was de. clared and paid. The balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End Beginning Did Cairo Companys operating activities provide or use cash? Use the indirect method to determine your answer Cash Flow From Operating Activities (Indirect Method) The Smithfield Company owns no plant assets and had the following income statement for the year: ,
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Cal culathion of Cash flad fom opa ding Achintis Net Loss 5 (24 au) Adyjuwtment 9,600 t Decreau in Accoat eaab000 d0o ,600 Ne

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