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The comparative balance sheets for Wildhorse Co. show these changes in noncash current asset accounts accounts receivable decreased $72,100, prepaid expenses increased $27.100, and inventories
The comparative balance sheets for Wildhorse Co. show these changes in noncash current asset accounts accounts receivable decreased $72,100, prepaid expenses increased $27.100, and inventories increased $41,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is $168,500. (Show amounts that decrease cash flow with either a-sign -15000 or in parenthesis G. (15,000).) Wildhorse Co. Statement of Cash Flows-Indirect Method select an opening section name select an item Senter a dollar amount Adjustments to reconcile net income to select an opening subsection name Senter a dollar select an item amount select an item enter a dollar amount PL enter a dollar select an item enter a total of the three previous amounts Senter a total amount for this select a closing section name
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