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Please answer ALL questions! Please! Determining Cash Flows from (Used for) Opefating Activities Yeoman Inc. reported the following data: Net income Depreciation expense Loss on
Please answer ALL questions! Please!
Determining Cash Flows from (Used for) Opefating Activities Yeoman Inc. reported the following data: Net income Depreciation expense Loss on disposal of equipment Increase in accounts receivable Increase in accounts payable $358,400 64,400 32,400 24,500 11,200 Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cas outflows, cash payments, decreases in cash, or any negative adjustments. Yeoman Inc. Statement of Cash Flows (partial) Cash flows from (used for) operating activities: Adjustments to reconcile net income to net cash flows from (used for) operating activities: Loss on disposal of equipment Changes in current operating assets and liabilities: fricrease in accounts receivable s/ Net cash flows from operating activities
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