The accounting records of North Central Distributors, Inc., reveal the following: (Click the icon to view...
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The accounting records of North Central Distributors, Inc., reveal the following: (Click the icon to view the data table.) Required Compute cash flows from operating activities by the indirect method. Also evaluate the operating cash flow of North Central Distributors. Give the reason for your evaluation. Begin by completing the cash flows from operating activities. (Round your answers to the nearest whole number. Use parentheses or a minus sign for numbers to be subtracted and for negative amounts.) Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Net cash provided by (used for) operating activities Evaluate the operating cash flow of North Central Distributors. Give the reason for your evaluation. Operating cash flow is as shown by the cash flows from operating activities. Usually, net cash provided by operations is Data table Net income. $ 43,183 Depreciation..... $ 6,169 Collection of dividend revenue Payment of interest. Sales revenue. 7,300 Decrease in current liabilities. 12,338 Increase in current assets 315,648 other than cash. 25,704 29,817 Gain on sale of land 26,732 Payment of dividends.... 7,917 Time Remaining: 00:28:57 Acquisition of land.. 35,986 Payment of income tax. ..... 14,394 Submit quiz The accounting records of North Central Distributors, Inc., reveal the following: (Click the icon to view the data table.) Required Compute cash flows from operating activities by the indirect method. Also evaluate the operating cash flow of North Central Distributors. Give the reason for your evaluation. Begin by completing the cash flows from operating activities. (Round your answers to the nearest whole number. Use parentheses or a minus sign for numbers to be subtracted and for negative amounts.) Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Net cash provided by (used for) operating activities Evaluate the operating cash flow of North Central Distributors. Give the reason for your evaluation. Operating cash flow is as shown by the cash flows from operating activities. Usually, net cash provided by operations is Data table Net income. $ 43,183 Depreciation..... $ 6,169 Collection of dividend revenue Payment of interest. Sales revenue. 7,300 Decrease in current liabilities. 12,338 Increase in current assets 315,648 other than cash. 25,704 29,817 Gain on sale of land 26,732 Payment of dividends.... 7,917 Time Remaining: 00:28:57 Acquisition of land.. 35,986 Payment of income tax. ..... 14,394 Submit quiz
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