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14.32 points eBook The two Independent cases are listed below. Case A Case B Year 2 Year 1 Year 2 Year 1 Sales Revenue $
14.32 points eBook The two Independent cases are listed below. Case A Case B Year 2 Year 1 Year 2 Year 1 Sales Revenue $ 12,300 $ 10,300 $27,500 $ 19,300 Cost of Goods Sold 6,650 6,150 14,600 11,650 Gross Profit 5650 4150 12.900 7650 Depreciation Expense 1130 1130 1.630 1.630 Salaries and Wages Expense 3.150 2130 6.300 5.130 Net Income 1370 890 4.970 890 Accounts Receivable 365 465 815 665 Inventory 815 565 860 865 Accounts Payable 930 830 865 980 Salaries and Wages Payable 2.300 1330 265 Print References 315 Compute the net cash flow from operating activities section of the Year 2 statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Case A Case B Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Salaries and Wages Net Cash Provided by Operating Activities
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