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A company reported net income of $200,000 during 2014. The company reported depreciation expense of $35,000, patent amortization of $10,000 and a $5,000 loss on the sale of equipment. Using the indirect
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A company reported net income of $200,000 during 2014. The company reported depreciation expense of $35,000, patent amortization of $10,000 and a $5,000 loss on the sale of equipment. Using the indirect method, how much is the company’s cash flow from operating activities?

A. $245,000.
B. $250,000.
C. $240,000.
D. $235,000.

User Jasmeet Kaur
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1 Answer

6 votes
A > A. $245,000 to my understanding
User Niket Joshi
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