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A company had net income of $252,000. Depreciation expense is $26,000. During the year, accounts receivable and inventory increased by $15,000 and $40,000, respectively. Prepaid expenses and accounts payable decreased by $2,000 and $4,000, respectively. There was also a loss on the sale of equipment of $3,000. How much was the net cash flow from operating activities on the statement of cash flows using the indirect method?
Obsessive-Compulsive Disorder
A mental health disorder characterized by persistent, unwanted thoughts (obsessions) and repetitive behaviors (compulsions) that the individual feels driven to perform.
Distressing Stimulus
An external trigger or event that causes stress, discomfort, or emotional pain to an individual.
Behavior Therapy
A type of psychotherapy that focuses on changing unwanted behaviors through various techniques, such as conditioning.
Classical Conditioning
A conditioning strategy where two stimuli are methodically paired together; the response, at outset caused by the second stimulus, is eventually caused by the first stimulus without aid.
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