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3 M12-4 (Algo) Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] 5 points Listed below are all balance sheet accounts relevant to operating
3 M12-4 (Algo) Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] 5 points Listed below are all balance sheet accounts relevant to operating activities for three independent cases: Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) () Case A Case B Case c $313,000 $16,500 $423,000 43,000 153,000 83,000 106,000 (203, 000) (23,000) (53,000) 38,000 53,000 (53,000) 123,000 73,000 63,000 (223,000) (43,000) eBook Print Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be indicated with a minus sign.) References Case A Case B B Case C Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Depreciation Changes in Assets and Liabilities: Accounts Receivable Inventory Accounts Payable Accrued Liabilities Net Cash Provided by (Used in) Operating Activities $ 0 0 $ 0 $ $ 0 9 M12-6 (Algo) Computing Cash Flows from Investing Activities (LO 12-3] 5 points Based on the following information, compute cash flows from investing activities under GAAP. Cash collections from customers Purchase of used equipment Depreciation expense Sale of investments Dividends received Interest received $820 210 210 470 120 210 eBook Print Cash Flows from Investing Activities References
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