Barton Company had net income of $193000 in 2010 Depreciation expense for the year is $48000 During the year, Accounts Receivable increased $9000 and Prepaid Expenses decreased $1000 The company also sold equipment at a loss of $3000 Calculate net cash flows from operating activities using the indi...

Net income 193000 Add depreciat ...

Barton Company had net income of $193000 in 2010. Depreciation expense for the year is $48000. During

Question:

Barton Company had net income of $193000 in 2010. Depreciation expense for the year is $48000. During the year, increased $9000 and Prepaid Expenses decreased $1000.The company also sold equipment at a loss of $3000.
Calculate net cash flows from operating activities using the indirect method.
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...