Assume the following income statement and balance sheet information for the year ended December 31, 2017:
|
2017 Dr. (Cr.) |
2016 Dr. (Cr.) |
|
|
Cash |
$100 |
$86 |
|
Accounts receivable |
60 |
40 |
|
Inventory |
36 |
30 |
|
Prepaid rent |
10 |
-0- |
|
Retained earnings |
(206) |
(156) |
Required: Calculate cash flow from operating activities.
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