MANAGERIAL ACCOUNTING

Far the ycar just completed. Hanna Company had net income of $80.500. Balances in the compony's current asset and current liability accounts at the beguncing and end of the year were as follows The Accumiarted Deprecaation account had total credis of 552.000 during the year. Hanna Company did not record any gains or. lothes douring the year Required: Using the indirect method, determine the net cash proweded by operating actwaties for the year (thist any deduction in cash and cash outfows as negotive sembunte.) For theyear ant cornclefed. Hanna Company had net ncome of 580,500 . Balances in the concompy fureet asset acd eutrent liabiry. bccounts at the begiring and end of the yeer were as folows feesuired: outhows as nogetive amounta) Far the ycar just completed. Hanna Company had net income of $80.500. Balances in the compony's current asset and current liability accounts at the beguncing and end of the year were as follows The Accumiarted Deprecaation account had total credis of 552.000 during the year. Hanna Company did not record any gains or. lothes douring the year Required: Using the indirect method, determine the net cash proweded by operating actwaties for the year (thist any deduction in cash and cash outfows as negotive sembunte.) For theyear ant cornclefed. Hanna Company had net ncome of 580,500 . Balances in the concompy fureet asset acd eutrent liabiry. bccounts at the begiring and end of the yeer were as folows feesuired: outhows as nogetive amounta)