Net cash flows from operating activities. Alpha Computers reports net income of $45 million. Included in that number are depreciation expense of $7 million and a loss on the sale of land of $1 million. Records reveal decreases in Accounts Receivable, Inventory, and Accounts Payable of $4 million, $4 million, and $1 million, respectively.
Calculate Alpha Computers’ net cash flows from operating activities using the indirect method. (Negative value should be indicated by minus sign. Enter your answer in millions.)
Net cash flows from operating activities
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines
Order Paper NowThanks for installing the Bottom of every post plugin by Corey Salzano. Contact me if you need custom WordPress plugins or website design.
