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(54) 11 WAYS TO... (54) START YOUR... w Drew LSAT Coach P 7 Tips to Help You... d-to-Know Videos Saved Help Save & Exit Sub
(54) 11 WAYS TO... (54) START YOUR... w Drew LSAT Coach P 7 Tips to Help You... d-to-Know Videos Saved Help Save & Exit Sub QS 12-5 Indirect: Computing cash flows from operations LO P2 Tvix $ 4,000 30,000 40,000 (20,000) 24,000 (44,000) Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Dots $100,000 8,000 20,000 (10,000) (22,000) 12,000 22 Skor $ 72,000 24,000 (4,000) 10,000 14,000 (8,000) For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Twix Dots Skor aces Adjustments to reconcile net income to not cash provided by operating activities: $ S 0 $
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