The following information is available for Jack's jewelery and gift store:
Net income: $5,000
Depreciation expense: $2,500
increase in deferred tax liabilities: 500
decrease in accounts receivables: 2,000
increase in inventories: 9,000
decrease in accounts payable: 5,000
increase in accrued liabilities: 1,000
Increase in property/equipment: 14,000
increase in short-term notes payable: 19,000
decrease in long-term bonds payable: 3,000
stock repurchase: 1000
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What is the net cash flow from operating activities?
The answer has been presenetd in the supporting sheet. For detailed answer refer to the supporting sheet.
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