Question
Microsoft Corporation reports the following financial data for the period: Net Income: $2,000,000 Depreciation Expense: $500,000 Changes in Working Capital: $300,000 Prepare Microsoft's cash flow
Microsoft Corporation reports the following financial data for the period:
- Net Income: $2,000,000
- Depreciation Expense: $500,000
- Changes in Working Capital: $300,000
Prepare Microsoft's cash flow statement using the indirect method, and analyze the company's cash flow from operating activities.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
