Question 4 Acct Ch 12 assignment

The two independent cases are listed below:

	Case A				Case B
	Year 2		Year 1		Year 2		Year 1
Sales Revenue	$	12,600	$	10,600	$	29,000	$	19,600
Cost of Goods Sold		6,800		6,300		15,200		11,800
Gross Profit		5,800		4,300		13,800		7,800
Depreciation Expense		1,160		1,160		1,660		1,660
Salaries and Wages Expense		3,300		2,160		6,600		5,160
Net Income		1,340		980		5,540		980
Accounts Receivable		380		480		830		680
Inventory		830		580		890		880
Accounts Payable		960		860		880		1,010
Salaries and Wages Payable		2,600		1,360		280		330

Compute the net cash flow from operating activities section of the Year 2 statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.)

	Case A	Case B
Cash Collected from Customers
Cash Payments to Suppliers
Cash Payments for salaries and Wages
Net Cash provided by Operating Activitites