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For each of the above separate cases X, Y, and Z, compute cash flows from operations using the indirect method. (Amounts to be deducted should
For each of the above separate cases X, Y, and Z, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)
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QS 16-3 Indirect: Computing cash flows from operations LO P2 The list includes all balance sheet accounts related to cash from operating activities $ 4,800 36,000 Net income Depreciation expense Accounts receivable increase (decrease) Inventory Increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) 48,00 (24,000) 28,800 (52,800) $120,000 9 ,600 24,000 (12.000 (26.400 14,400 $80,00 28.000 (4.800 12.000 16.00 (9.600) For each of the above separate cases X Y and Z. compute cash flows from operations using the n deducted should be indicated by a minus sign.) ec Cash Flows from Operating Activities Indirect) Case X $ 4800 Adjustments to reconcile ne income to net cash provided by Operations Casey 120 000 $ 5 350 E ncrease (decrease) (52,800) 14,400 (9.600) For each of the above separate cases X, Y, and Z. compute cash flows from operations using deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Case Y C Net Income $ 4,800 Adjustments to reconcile net income to nel cash provided by operations: $ 120,000 $ 86,400 $ 120.000 S 86.400 Prev 1 of 6 Next > Windows
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