accounting test 4

Saved Current assets Cash Accounts receivable Inventory $91,150$33,300 45,000 55,400 31,500 66,500 Current liabilities Accounts payable Income taxes payable 43,40032,200 3,500 2,700 MOSS COMPANY Income Statement lll For Year Ended December 31, 2017 Sales Cost of goods sold Gross profit operating expenses $549,000 357,600 191,400 Depreciation expense $ 49,000 Other expenses Income before taxes Income taxes expense Net income 128,500 177, 500 13,900 8,100 $5,800 Use the information above to calculate this company's cash flows from operat deducted should be indicated by a minus sign.) Cash flows from operating activities: Adjustments to reconcile net income to operating cash flow Prev 10 of 10 Ne