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The independent cases are listed below that includes all items relevant to operating activities: Case A Case B Case C $64,000 30,500 Sales revenue $74,000
The independent cases are listed below that includes all items relevant to operating activities: Case A Case B Case C $64,000 30,500 Sales revenue $74,000 $105,000 Cost of goods sold Depreciation expense Salaries and wages expense 70,300 39,500 10,900 2,900 26,900 13,900 5,900 8,900 Net income (loss) 16,700 17,700 (1,100) (1,000) 2,900 Accounts receivable increase (decrease) 4,900 3,900 Inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase (decrease) (3,900) 0 |(1,000) 0 3,400 (2,900) 1,000 1,950 Compute cash flows from operating activities using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Answer is complete but not entirely correct. Case A Case B Case C $ 59,100 $ 75,000 Cash Collected from Customers 101,100 Cash Payments to Suppliers (36,600) X(33,900) x 65,400 (9,900)X $ 156,600 (7,850) X(11,000)X Cash Payments for Salaries and Wages Net Cash Provided by Operating $30,550 $14,200 Activities
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