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could you show the steps on how to find each one please? I don't understand what I am doing wrong. Thank you! The two independent
could you show the steps on how to find each one please? I don't understand what I am doing wrong. Thank you!
The two independent cases are listed below: Case A Case B Year 2 Year 1 Year 2 Year 1 11,500 $ $ 9,500 $23,500 $ 18,500 Sales Revenue 6,250 11,250 Cost of Goods Sold 13,000 5,750 5,250 10,500 Gross Profit 3,750 7,250 1,050 1,550 1,550 1,050 2,050 2.750 5,500 5,050 Depreciation Expense Salaries and Wages Expense Net Income Accounts Receivable Inventory Accounts Payable Salaries and Wages Payable 1,450 325 775 850 650 425 525 750 3,450 775 780 825 650 625 825 900 1,500 1,250 225 275 Compute the net cash flow from operating activities section of the Year 2 statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Answer is not complete. Case A Case B $ 11,175 X 6,155 X Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Salaries and Wages Net Cash Provided by Operating Activities $17,330 $ 0Step by Step Solution
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