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The income statement of Riverbed Corporation is presented here. Additional information: 1. Accounts receivable increased $330,000 during the year, and inventory decreased $580,000. 2. Prepaid
The income statement of Riverbed Corporation is presented here. Additional information: 1. Accounts receivable increased $330,000 during the year, and inventory decreased $580,000. 2. Prepaid expenses, which relate to administrative expenses, increased $160,000 during the year. 3. Accounts payable to suppliers of merchandise decreased $430,000 during the year. 4. Accrued salaries payable decreased $105,000 during the year. 5. Income tax payable increased $90,000 during the year. Prepare the operating activities section of the statement of cash flows for the year ended November 30 . th
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