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48) Norbury Corporations net income last year was $34,000. The company did not sello anly property, plant, and equipment las
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Answer #1

Cash flow from operations $ 52000

Profit 34000
Add - Dep 19000
Cash Profit 53000
Add
Increase/Decrease in CA/CL
Accounts Payble 5000
Accrued Liab 7000
IT payable -6000
Account receivable -12000
Inventory 9000
Prepaid Exp -4000 -1000
Cash flow from operation 52000
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