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The accounting records of Hampton Company provided the data below ($ in thousands). Net income Depreciation expense Increase in accounts receivable Decrease in inventory
The accounting records of Hampton Company provided the data below ($ in thousands). Net income Depreciation expense Increase in accounts receivable Decrease in inventory Decrease in prepaid insurance Decrease in salaries payable $ 17,300 7,800 4,000 5,500 1,200 2,700 800 Increase in interest payable Required: Prepare a reconciliation of net income to net cash flows from operating activities. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands. Cash flows from operating activities Adjustments for noncash effects Changes in operating assets and liabilities: Net cash flows from operating activities $ 0 Prev Next
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