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PepsiCo, Inc. has the following information for the year ended December 31, 2024: Net Income: $2,000,000 Depreciation Expense: $300,000 Changes in Accounts Receivable: $150,000 (decrease)
PepsiCo, Inc. has the following information for the year ended December 31, 2024:
- Net Income: $2,000,000
- Depreciation Expense: $300,000
- Changes in Accounts Receivable: $150,000 (decrease)
- Changes in Inventory: $100,000 (increase)
- Changes in Accounts Payable: $120,000 (increase)
- Purchase of Equipment: $500,000 Prepare a cash flow statement using the indirect method.
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
