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The independent cases listed below include all items relevant to operating activities. Sales revenue Cost of goods sold Salaries and wages expense Depreciation expense
The independent cases listed below include all items relevant to operating activities. Sales revenue Cost of goods sold Salaries and wages expense Depreciation expense Case A $ 56,000 30,500 11,900 4,100 $ 9,500 Case B $ 46,000 21,500 1,100 12,100 Case C $ 103,000 76,800 27,900 7,100 $ (8,800) Net income (loss) Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase (decrease) $ 11,300 $ (1,100) 1,100. $ 3,100 $ 2,100 0 (2,100) 0 1,050 1,600 (1,100) (1,100) 1,100 Required: Compute cash flows from operating activities using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Salaries and Wages Net Cash Provided by Operating Activities Case A Case B Case C
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