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Return to question The independent cases are listed below that includes all items relevant to operating activities Sales revenue Cost of goods sold Depreciation expense
Return to question The independent cases are listed below that includes all items relevant to operating activities Sales revenue Cost of goods sold Depreciation expense Salaries and wages expense Net Income (loss) Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase (decrease) Case A $75,000 40,000 11,000 6,000 18,000 (1,100) 3,000 Case 8 165,000 31,000 3,000 14,000 17,000 5.000 0 3,500 (3,000) Case C $105,000 71,000 27,000 9,000 (1,000) 4,000 (4,000) (1,100) 1,100 2,000 Compute cash flows from operating activities using the direct method (Amounts to be deducted should be indicated with a minus sign.) Answer is complete but not entirely correct. Case A Case B Case C Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Salaries and Wages Net Cash Provided by Operating Activities $76,100 $60,000 43,000 X 34 500 4,000 17,000 5 15 123 100 111.500 102000 68.100 X 7.900 178,000
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