The Following Information Is Given for Nevada Times The Indirect Method Is Used

question 121

Short Answer

The following information is given for Nevada Times:
$$\begin{array} { l r } \text { Net income } & \$ 25,000 \\\text { Depreciation expense } & 4,000 \\\text { Increase in accounts receivable } & 2,000 \\\text { Increase in supplies on hand } & 3,000 \\\text { Sale of common stock } & 11,000 \\\text { Proceeds from sale of equipment } & 5,000 \\\text { Loan money to a customer } & 4,000 \\\text { Decrease in accounts payable } & 1,000\end{array}$$
The indirect method is used.
Required:
Answer the following questions with the information provided above.
a)The cash flow from operating activities is ________.
b)The cash flow from investing activities is ________.
c)The cash flow from financing activities is ________.

---

Definitions:

Relative

Something having significance or bearing in relation to something else; depending on the context or comparison to other factors.

Historical Context

The social, political, cultural, and economic environment linked to specific events, phenomena, or periods in history.

Situational Context

The environmental, social, and cultural factors surrounding an event, behavior, or scenario that impact its meaning, interpretation, and outcomes.

Stereotype Threat

The risk of confirming negative stereotypes about one's group that can affect performance in certain tasks or situations.