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Suppose your company's Income statement reports $175 of net income, and its comparative balance sheet Indicates the following. Beginning Ending Cash $ 25 $182 Accounts
Suppose your company's Income statement reports $175 of net income, and its comparative balance sheet Indicates the following. Beginning Ending Cash $ 25 $182 Accounts Receivable 162 Inventory 180 Total $360 $524 50 285 $ 10 350 $ 49 475 Wages Payable Retained Earnings Total $360 $524 Required: 1. Prepare the operating activities section of the statement of cash flows, using the Indirect method. Cash flows from operating activities Net cash flow from operating activities
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