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Please show all the work! Use Direct Method please! Thank you! prepare a cash flow! Adeva Health Foods, Inc. reported the following comparative balance sheet
Please show all the work! Use Direct Method please! Thank you!
prepare a cash flow!
Adeva Health Foods, Inc. reported the following comparative balance sheet and income statement for 2016. Adeva Helath Foods, Inc. Comparative Balance Sheets December 31, 2016 and 2015 2016 2015 Cash 22,000 34,000 1,000 23,000 31,000 3,000 ....3 Equipment, net. Intangible assets. Total assets Accounts payable Accrued liabilities.... 19,000 12,000 50,000 31,00020,000 40,000 Treasury stock.9,000) 2.000) S175,000 $148,000 16,000 45,000 64,000 Adeva Helath Foods, Inc. Income Statement Year Ended December 31, 2016 Sales $190,000 19,000 Total expenses.. Income before income tax... Income tax expense... Net 40.000 56,000 - 18.000 S38.000 Step by Step Solution
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