The accounting records of Pelham Pharmaceuticals, Inc., reveal the following: (first photo)

Requirement 1. Prepare cash flow from operating activities using the direct method. Also evaluate Pelham's operating cash flow. Give the reason for your evaluation.

Evaluate Pelham's operating cash flow. Give the reason for your evaluation.

"The operating cash flow is (WEAK or STRONG). This is shown by the (net cash used for operating activities OR net cash provided by operating activities OR net income OR total cash payments OR total cash receipts)."

cords of Pelham Pharmaceuticals, Inc., reveal the following: to view the accounting records.) lows fro operati Data Table ur evaluatic Payment of salaries and wages... . . . . . . . .. $36,000 Payment of income tax 26,000 Collection of dividend .....8,000 Depreciation expense. . Decrease in current sh recei revenue 9,000 liabilities 11,000 Payment of interest . . 20,000 Decrease in current assets 21,000 Gain on sale of 6,000 other than cash 7,000 Acquisition of land with cash.. .32,000 Payment of dividends Collection of accounts Payment of accounts sh paym rovided b operatin receivable 90,000 payable ..54,000 Print Done flow is list or enter any number in the input fields and then continue to the next