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The financial statement data below are for Wolf Creek Company. Income Statement Sales $700 Cost of goods sold (450) Depreciation expense (100) Net income $150
The financial statement data below are for Wolf Creek Company. Income Statement Sales $700 Cost of goods sold (450) Depreciation expense (100) Net income $150 Balance Sheet Ending Beginning Accounts receivable 70 100 Inventory 150 220 Accounts payable 25 10 Compute Wolf Creek Company's OPERATING CASH FLOW for the year. $305 inflow $250 inflow $350 inflow $365 inflow $295 inflow $225 inflow $335 inflow
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