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please give the correct answer and explian it Brief Exercise 23-4 Waterway Corporation had the following 2017 income statement. Sales revenue $213,000 Cost of goods
please give the correct answer and explian it Brief Exercise 23-4 Waterway Corporation had the following 2017 income statement. Sales revenue $213,000 Cost of goods sold 119,000 Gross profit 94,000 Operating expenses (includes depreciation of $19,000) 49,000 Net income $45,000 The following accounts increased during 2017: Accounts Receivable $10,000, Inventory $10,000, Accounts Payable $13,000. Prepare the cash flows from operating activities section of Waterway's 2017 statement of cash flows using the direct method. Waterway Corporation Statement of Cash Flows-Direct Method (Partial) 2351 do ESP 19//200 $45, The following accounts increased during 2017: Accounts Receivable $10,000, Inventory $10,000, Ace of Waterway's 2017 statement of cash flows using the direct method. Waterway Corporation Statement of Cash Flows-Direct Method (Partial) VIDEO. LINK TO TEXT LINK TO TEXT u para buscar
please give the correct answer and explian it
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