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:

Triangulation

The use of more than one method or source to validate the findings and enhance the credibility of research or data.

Assessment Methods

Techniques and tools used to evaluate, measure, and document the knowledge, skills, attitudes, and beliefs of an individual or group.

Normal Distribution

A statistical distribution where most observations cluster around the central peak and the probabilities for values further away from the mean taper off equally in both directions.

Scores

Numerical expressions resulting from the evaluation or measurement of something, often used for comparisons or assessments.