1. Business
  2. Finance
  3. based on the following information from ouyang inc how much...

Question: based on the following information from ouyang inc how much...

Question details

Based on the following information from Ouyang Inc., how much is the operating cash flow for the year 2013? Table: Ouyang Inc. Operating Cash Flow

Income Statement Item Year Ended 12/31/2012 Year Ended 12/31/2013 Change
Net income $30
Depreciation 5
Balance sheet item 12/31/2012 12/31/2013 Change
Accounts Receivable (A/R) $24 $28 $4
Inventory 15 12 -3
Accounts Payable (A/P) 17 7 -10
35
32
30
28
24
Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution