The records of Ashley Boutique showed Net Loss,$30,000; Depreciation Expense,$25,000; and increase in Supplies on Hand,$5,000.The amount of Net Cash Flow from Operating Activities using the indirect method is:

Question

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The net cash flow from operating activities is calculated by adjusting the net loss with non-cash expenses and changes in working capital. Start with the net loss of $30,000, add back the non-cash depreciation expense of $25,000, and subtract the increase in supplies on hand of $5,000. This results in a net cash flow of ($10,000).

The Records of Ashley Boutique Showed Net Loss,$30,000; Depreciation Expense,$25,000;