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Check my work E12-22 (Algo) (Supplement A) Reporting and Interpreting Cash Flows from Operating Activities from an Analyst's Perspective (Direct Method) Rodriguez Company completed its
Check my work E12-22 (Algo) (Supplement A) Reporting and Interpreting Cash Flows from Operating Activities from an Analyst's Perspective (Direct Method) Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following information: Income Statement for Current Year Service revenue $ 51,900 Expenses Salaries $42,200 Depreciation 7,900 Anortization of copyright 400 Other expenses 19,700 61,200 Net loss $(9,300) Partial Balance Sheet Accounts receivable Salaries payable Other accrued liabilities Current Prior Year Year $ 8,800 $ 16,900 13,100 1,500 1,300 6,70 In addition, Rodriguez bought a small service machine for $6,900. Required: 1. Present the operating activities section of the statement of cash flows for Rodriguez Company using the direct method. Assume that other accrued liabilities relate to other expenses on the income statement. (List cash outflows as negative amounts.) In addition, Rodriguez bought a small service machine for $6,900. Required: 1. Present the operating activities section of the statement of cash method. Assume that other accrued liabilities relate to other expe as negative amounts.) RODRIGUEZ COMPANY Statement of Cash Flows (Partial) Cash flows from operating activities: Cash collected from customers Cash payments to employees Cash payments for other expenses Net cash provided by operating activities $ 0
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