The Following Information Is Given for Tripp Company,which Uses the Indirect

question 25

Short Answer

The following information is given for Tripp Company,which uses the indirect method.
$$\begin{array} { l r } \text { Net income } & \$ 30,000 \\\text { Depreciation expense } & 5,000 \\\text { Increase in accounts receivable } & 4,000 \\\text { Payment of dividends } & 2,000 \\\text { Proceeds from sale of equipment } & 7,000 \\\text { Increase in accounts payable } & 5,000 \\\text { Decrease in inventory } & 3,000\end{array}$$
From the information provided,answer the following questions:
a)The cash flow from operating activities is ________.
b)The cash flow from investing activities is ________.
c)The cash flow from financing activities is ________.

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Definitions:

Worksheet Labels

Worksheet labels are descriptive text or identifiers used in spreadsheets to name or distinguish columns, rows, or cells.

Careful Planning

The process of thoughtfully and meticulously preparing for future activities or projects to ensure their success and mitigate risks.

Cell Reference

An identifier used in spreadsheet applications to specify the position of a cell within a worksheet, typically consisting of a column letter and row number.

Block Plus Pointer

A data structure technique that uses blocks for data storage and pointers to link and access those blocks.