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| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
During 2010, Minh Corporation had a net income of $144,000. Included on its income statement were depreciation expense of $16,000 and amortization expenses of $1,800. During the year, Accounts Receivable decreased by $8,200, inventories increased by $5,400, Prepaid Expenses decreased by $1,000, Account Payable decreased by $14,000, and Accrued Liabilities decreased by $1,700. Use the indirect method to determine net cash flows operating activities.
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