Question
PepsiCo, Inc. provided the following financial data for the year 2023: Item Amount Net Income $1,000,000 Depreciation Expense $250,000 Increase in Accounts Receivable $150,000 Decrease
PepsiCo, Inc. provided the following financial data for the year 2023:
Item | Amount |
Net Income | $1,000,000 |
Depreciation Expense | $250,000 |
Increase in Accounts Receivable | $150,000 |
Decrease in Inventory | $120,000 |
Increase in Accounts Payable | $100,000 |
Dividends Paid | $160,000 |
Prepare the cash flow statement using the indirect method for PepsiCo, Inc. for the year ending December 31, 2023.
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
