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Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: any negative adjustments Cash Flows from Operating Activitieslndirect Method Staley Inc. reported the
Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: any negative adjustments
Cash Flows from Operating Activitieslndirect Method Staley Inc. reported the following data: Net income Depreciation expense Loss on disposal of equipment Increase in accounts receivable Increase in accounts payable $472,600 59,600 36,700 14,300 12,300 Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Net cash flow from operating activities
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