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The accounting records of North West Distributors, Inc., reveal the following: (Click the icon to view the data table.) Required Compute cash flows from operating
The accounting records of North West 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 West Distributors. Give the reason for your evaluation. Data table Begin by completing the cash flows from operating activities. (Round your answers to the nearest who negative amounts.) Net income $ 45,549 Depreciation. $ 6,507 Cash flows from operating activities: Collection of dividend revenue . . . 7,700 Decrease in current liabilities . . . . 27, 113 Payment of interest Adjustments to reconcile net income to 13,014 Increase in current assets Sales revenue . . . 332,944 other than cash 31,451 net cash provided by (used for) operating activities: Gain on sale of land . 28,197 Payment of dividends 8,351 Acquisition of land . . . . . . . . . . . . . . 37,958 Payment of income tax . . . . . . . . . 15, 183 Net cash provided by (used for) operating activities Print Done Evaluate the operating cash flow of North West 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
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