Determine sagaworth net cash flow from operating activities

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Reference no: EM13509135

Sagaworth Inc. reported the following information:


2011

2010

Net Loss

$380,000


Depreciation expense

150,000


Amortization expense

25,000


Accounts receivable

200,000

$230,000

Inventory

140,000

140,000

Prepaid expenses

40,000

30,000

Accounts payable

190,000

180,000

Accrued liabilities

50,000

45,000

Taxes payable

10,000

20,000

Determine Sagaworth's net cash flow from operating activities for 2011 under the indirect method.

 

Reference no: EM13509135

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