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please helpIncome Statement For the Year Ended November 3 0 , 2 0 2 2 Sales revenue $ 7 , 5 0 2 , 4
please helpIncome Statement
For the Year Ended November
Sales revenue
$
Cost of goods sold
Additional information:
Accounts receivable decreased $ during the year, and inventory decreased $
Prepaid expenses increased $ during the year.
Accounts payable to suppliers of inventory decreased $ during the year.
Accrued expenses payable decreased $ during the year.
Administrative expenses include depreciation expense of $
Prepare the operating activities section of the statement of cash flows using the direct method. Show amounts that decrease cash flow
with either sign eg or in parenthesis eg
LII COMPANY
Partial Statement of Cash Flows
November
Cash Flows from Operating Actlvitles
Cash Recelpts from Customers
cash payments:
For Operating Expenses
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