Compute the net cash from operating activities


Glitter Girl, Inc. recognized net income of $136,000 including $24,000 in depreciation expense. Additional changes from the balance sheet are as follows. Accounts Receivable $3,000 decrease Prepaid Expenses $14,500 decrease Inventory $9,000 increase Accrued Liabilities $10,000 decrease Accounts Payable $19,500 increase Compute the net cash from operating activities based on the above information.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Compute the net cash from operating activities
Reference No:- TGS0710738

Expected delivery within 24 Hours