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The current section of Yawn Ltd's statement of financial position at 30 June 2016 is presented below. 2016 2015 $ $ Current assets Cash 105,300
The current section of Yawn Ltd's statement of financial position at 30 June 2016 is presented below. | |||||||
2016 | 2015 | ||||||
$ | $ | ||||||
Current assets | |||||||
Cash | 105,300 | 97,200 | |||||
Accounts receivable | 121,200 | 91,500 | |||||
Inventory | 163,700 | 190,700 | |||||
Prepaid expenses | 27,300 | 22,400 | |||||
Total current assets | 417,500 | 401,800 | |||||
Current liabilities | |||||||
Accounts payable | 83,100 | 89,900 | |||||
Accrued expenses payable | 14,600 | 4,900 | |||||
Total current liabilities | 97,700 | 94,800 | |||||
Other information | 1. | Profit for the year ended 30 June 2016 was $148,600. | |||||
2. | Depreciation expense was $19,100. | ||||||
Required | |||||||
Prepare the net cash provided by the operating activities section of Yawn's statement of cash flows | |||||||
for the year ending 30 June 2016, using the indirect method. |
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