Question
Question. Using the indirect method calculate the net cash from operating activities for the Car production company with the following accounting information: Accounts payable decrease
Question. Using the indirect method calculate the net cash from operating activities for the Car production company with the following accounting information:
Accounts payable decrease $120 000
Cash increase $ 10 000
Depreciation expense $ 110 000
Net income $95 000
Accounts receivable decrease $45 000
Loss on a disposal $ 1000
Taxes payable decrease $ 40 000
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Principles Of Food Beverage And Labor Cost Controls
Authors: Paul R. Dittmer, Gerald G. Griffin
6th Edition
0471293253, 978-0471293255
