Business, 18.12.2019 18:31 kyaisaambrose6211

Washington company is preparing its statement of cash flows using the indirect method. refer to the following portion of the comparative balance sheet: washington company comparative balance sheet december 31, 2019 and 2018 2019 2018 increase/ (decrease) accounts payable $ 7 comma 000 $ 6 comma 000 $1 comma 000 accrued liabilities 3 comma 000 1 comma 200 1 comma 800 longminusterm notes payable 57 comma 000 65 comma 000 (8 comma 000) total liabilities $ 67 comma 000 $ 72 comma 200 $(5 comma 200) additional information provided by the company includes the following:

1. during 2019, the company repaid $ 40 comma 000 of longminusterm notes payable.
2. during 2019, the company borrowed $ 32 comma 000 on a new longminusterm note payable. based on the above information only, what amount of net cash flow would be shown in the financing section of the statement of cash flows?

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Washington company is preparing its statement of cash flows using the indirect method. refer to the...

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