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prepare a schedule of net cash provided by operating activites Calibri 11 A % Paste B T 11 Alignment Number Cells Conditional Format as Cell
prepare a schedule of net cash provided by operating activites
Calibri 11 A % Paste B T 11 Alignment Number Cells Conditional Format as Cell Formatting Table - Styles Styles Editing Clipboard Font A1 V X fr The following information is for FloorCo, Inc. for the year just ended: A C F B D E 1 The following information is for FloorCo, Inc. for the year just ended: G H HEN 3 4 End of year Beginning of year S 75,000 $ 158,000 285,000 11,000 90,000 140,000 246,000 16,000 5 Current assets: 6 Cash 7 Accounts receivable 8 Inventory 9 Prepaid expenses 10 11 Current liabilities 12 Accounts payable 13 Accrued Tabiities Income taxes payable 15 284,000 9.500 27 000 302,000 11,200 24,000 14 94,500 16 Net Income of 2 Score answer TITIE dvod B C D E Net income G 16 17 $ H $ 94,500 18 Accumulated depreciation total credits 19 $ 45,000 20 21 Floor Company did not record any gains or losses during the year. 22 23 Prepare a schedule of net cash provided by operating activities. 24 25 Floorco, Inc. 26 Operating Activities Section of the Statement of Cash Flows 27 28 Net income 29 Adjustments to reconcile net income to net cash provided by operations: 30 Depreciation 31 Increase in accounts receivable 32 Increase in Inventory 33 Decrease in prepaid expenses 34 Decrease in accounts payable 83 Decrease in accrued liabilities 36 Increase in Income taxes payable Net cash provided by operating activities 39 Shell 1 of 2 Score Step by Step Solution
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