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Calculate the net cash flow provided by operations

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Question - The financial statements of Simon Co. include the following items (amounts in thousands):

Income Statement

For the Year Ended December 31, 2020

Net income

$445

Depreciation and amortization expense

302

 

 

At December 31

Balance Sheets

2020

2019

Accounts receivable

$128

$170

Inventory

170

144

Accounts payable

61

108

Income taxes payable

89

20

Required - Calculate the net cash flow provided by operations for Simon Co. for the year ended December 31, 2020.

Reference no: EM133095688

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