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Brief Exercise 12-6 The comparative balance sheets for Vaughn Manufacturing show these changes in noncash current accounts: accounts receivable decreased $85,500, prepaid expenses increased $26,100,
Brief Exercise 12-6 The comparative balance sheets for Vaughn Manufacturing show these changes in noncash current accounts: accounts receivable decreased $85,500, prepaid expenses increased $26,100, and inventories increased $11,100. Compute net cash provided by operating activities using the Indirect method, assuming that net income is $194,100. (Show means that decrease cash flow with either a ign 0.0.15,000 or in parenthesis 3. (15.000).) Vaughn Manufacturing Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to
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