Requiled information E12-3 (Algo) Understanding the Computation of Cash Flows from Operating Activities (lndirect Method) [LO122] [The following infarmation applies to the questions displaged below] Suppose your company selis services for $425 cash this month. Your compeny ahe poys $250 in salaries and wages. which includes \$115 that was poyable ot the end of the previous month and \$135 for solones and wages of this month. E12-3 (Algo) Part 2, 3 and 4 2. Calculate the amount that should be reported as net cash fow trom operating actives. 3. Calculate the amours that should be reported os net income. 4. Show how the indirect method would convert net income peguirement 3 to net cash tlow trom operating activites (requirement 2 . Complete this question by entering your answers in the tabs beiow. Caiculate the amount that shosid be reperted as net cash flow from operating activiten Required information E12-3 (Algo) Understanding the Computation of Cash Flows from Operating Activities (indirect Method) [LO122] TThe following information applies to the questions displayed bolow.] Suppose your company sells services for $425 cash this month. Your company also poys $250 in salaries and wages. which inckides $115 that was payoble at the end of the previous month and $135 for salaries and wages of this monsh. E12-3 (Algo) Part 2, 3 and 4 Caiculote the amount that should be reported as net cash flow from operating activities. 3. Caiculate the amount that should be reported as net income. . Show how the indirect method would cogvert net income (requirement 3) to net cash flow from operating activities (requirement 2) Complete this question by entering your answers in the tabs below. Calculate the amount thot should be reported as net income. Pequired information E12-3 (Algo) Understanding the Computation of Cash Flows from Operating Activities (Indirect Method) [LO 12-2] [The following infarmation appies to the questions displayed below] Suppose your company solls services for $425 cash this month. Your compacy also pays 5250 in salaries and wages, which includes 5115 that was payable af the end of the previous month and 5135 for swlaries and wages of this month. E12-3 (Algo) Part 2, 3 and 4 2. Calculate the amount that should be reported as net cash fiow from operating activiter. 3. Calculate the amount that should be reported as net income. 4. Show how the indirect method would comvert net income frequirement 3) to net cash flow from operating activities (requirement 2 ) Complete this question by entering your answers in the tabs below. Show how the indirec method would convert net income (requirement 3) to net cash fiow trom cferaling activities (requirement 2). (Amounts to be deducted should be indicated with a minus sign.) Requiled information E12-3 (Algo) Understanding the Computation of Cash Flows from Operating Activities (lndirect Method) [LO122] [The following infarmation applies to the questions displaged below] Suppose your company selis services for $425 cash this month. Your compeny ahe poys $250 in salaries and wages. which includes \$115 that was poyable ot the end of the previous month and \$135 for solones and wages of this month. E12-3 (Algo) Part 2, 3 and 4 2. Calculate the amount that should be reported as net cash fow trom operating actives. 3. Calculate the amours that should be reported os net income. 4. Show how the indirect method would convert net income peguirement 3 to net cash tlow trom operating activites (requirement 2 . Complete this question by entering your answers in the tabs beiow. Caiculate the amount that shosid be reperted as net cash flow from operating activiten Required information E12-3 (Algo) Understanding the Computation of Cash Flows from Operating Activities (indirect Method) [LO122] TThe following information applies to the questions displayed bolow.] Suppose your company sells services for $425 cash this month. Your company also poys $250 in salaries and wages. which inckides $115 that was payoble at the end of the previous month and $135 for salaries and wages of this monsh. E12-3 (Algo) Part 2, 3 and 4 Caiculote the amount that should be reported as net cash flow from operating activities. 3. Caiculate the amount that should be reported as net income. . Show how the indirect method would cogvert net income (requirement 3) to net cash flow from operating activities (requirement 2) Complete this question by entering your answers in the tabs below. Calculate the amount thot should be reported as net income. Pequired information E12-3 (Algo) Understanding the Computation of Cash Flows from Operating Activities (Indirect Method) [LO 12-2] [The following infarmation appies to the questions displayed below] Suppose your company solls services for $425 cash this month. Your compacy also pays 5250 in salaries and wages, which includes 5115 that was payable af the end of the previous month and 5135 for swlaries and wages of this month. E12-3 (Algo) Part 2, 3 and 4 2. Calculate the amount that should be reported as net cash fiow from operating activiter. 3. Calculate the amount that should be reported as net income. 4. Show how the indirect method would comvert net income frequirement 3) to net cash flow from operating activities (requirement 2 ) Complete this question by entering your answers in the tabs below. Show how the indirec method would convert net income (requirement 3) to net cash fiow trom cferaling activities (requirement 2). (Amounts to be deducted should be indicated with a minus sign.)
