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Prestige Auto's records show net income of $30,000, depreciation expense of $10,000, and cash dividends paid of $5,000.

Prestige Auto's records show net income of $30,000, depreciation expense of $10,000, and cash dividends paid of $5,000. Using the indirect method, determine the cash flow from operating activities on the cash flow statement. Please show equations, thanks.

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Using the indirect method, net... View the full answer

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Cash Flow As Per Operating... View the full answer

Cash flow from operating activities Cash flow from operating activities (CFO) is an accounting item... View the full answer

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Net income 30000 Add:-... View the full answer

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