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What is Dux Company Cash Flow Statement 2021 about?

Dux Company prepared its statement of cash flows for the year ended December 31, 2021 using the indirect method. Net income was $25,000. Cash flows from operating activities was $10,000, which was calculated by adjusting net income for non-cash and non-operating items. Cash flows from investing activities was -$20,000 and included the purchase of long-term investments and equipment. Cash flows from financing activities was $23,000 and included proceeds from issuing bonds and notes payable and cash dividends

Author

Juliana Caro

Language

EN