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Background ng cash flow. Anne Schippel, business banker, is analyzing Dry Supply's financial statements and has compiled a statement of cash flows for 20xz.
Background ng cash flow. Anne Schippel, business banker, is analyzing Dry Supply's financial statements and has compiled a statement of cash flows for 20xz. The operating activities section is shown below. DRY SUPPLY STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 12/31/20xz ($ IN 000s) CASH FLOW FROM OPERATING ACTIVITIES Cash Flow from Operating Activities Net income Adjustments to reconcile ne income to net cash Depreciation Changes in current assets and current liabilities Accounts receivable (increase) decrease Inventory (increase) decrease Accounts payable - trade increase (decrease) Income taxes payable increase (decrease) Accrued bonuses increase (decrease) Net cash provided by operating activities $ 23 13 15 (15) 1 1 $ 29 T What are some questions Anne Schippel might ask Dry Supply to better under- stand the operating cash flows of the business?
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