QS 16-3 Indirect: Computing cash flows from operations LO P2 The list includes all balance sheet accounts related to cash from operating activities Net Income Depreciation expense Accounts receivable increase (decrease) Inventory Increase (decrease) Accounts payable Increase (decrease) Accrued liabilities increase (decrease) Case X $ 5,500 41,400 55,300 (27,800) 33,300 (61,200) Case Y $139,000 11,000 27,580 (13,900) (30,700) 16,800 Case z $100,800 33,609 (5,500) 13,900 19,400 (11,000) For each of the above separate cases X, Y, and Z. compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Answer is complete but not entirely correct. Cash Flows from Operating Activities (Indirect) Case X Case Y Case z Net Income $ 5.500 $ 139,000 5 100 800 Adjustments to reconcile net income to net cash provided by operations For each of the above separate cases X. Y, and Z. compute cash flows from operations using the Indirect method. (Amounts to be deducted should be indicated by a minus sign.) Answer is complete but not entirely correct. Cash Flows from Operating Activities (Indirect) Conex Case Y Case 2 Not Income 5,500 $ 139,000 $ 100.000 Adjustments to reconcile net income to net cash provided by operations Depreciation 41.400 11.000 33 600 Accounts receivable 55,3008 27.500 5.500 Inventories 27.800 13.900 13.9003 Accounts payable 33,300 30,700 3 19.400 Accrued liabilities 61,1003 16,800 11,000 Cash provided by used for) operating activities $ 224,400 5 238.900 $ 184,200