Category Accounting

Analyzing Ruston Company’s Cash Flows

Net Cash Flow from Operating Activities

Suppose Ruston Company has the following results related to cash flows for 2022: Net Income of $6,700,000Increase in Accounts Payable of $300,000Decrease in Accounts Receivable of $500,000Increase in Inventory of $800,000 Assuming no other cash flow adjustments than those listed…