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1.For each of the following separate cases, compute cash flows from operations. The list includes all balance sheet accounts related to operating activities. Case A
1.For each of the following separate cases, compute cash flows from operations. The list includes all balance sheet accounts related to operating activities. Case A Case B Case C Net income $20,000 $125,000 $105,000 Depreciation expense 60,000 16,000 48,000 Accounts receivable increase(decrease)80,000 40,000 (8,000) Inventory increase(decrease) (40,000) (20,000) 21,000 Accounts payable increase(decrease) 28,000 (44,000) 16,000 Accrued liabilities increase(decrease) (88,000) 10,000 (16,000) 2. Compute cash flows from financing activities using the following company information. Additional short-term borrowings $88,000 Purchase of short-term investments 25,000 Cash dividends paid 32,000 Interest paid 17,000 3.Compute cash flows from investing activities using the following company information sale of short-term investments $16,000 Cash collections from customers 44,000 Purchase of used equipment 10,000 Depreciation expense 6,000
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