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The list includes all balance sheet accounts related to cash from operating activities. Case X Case Y Case Z Net income $ 6,000 $ 151,000
The list includes all balance sheet accounts related to cash from operating activities.
Case X | Case Y | Case Z | |||||||
Net income | $ | 6,000 | $ | 151,000 | $ | 109,200 | |||
Depreciation expense | 45,100 | 12,000 | 36,400 | ||||||
Accounts receivable increase (decrease) | 60,200 | 30,000 | (6,000 | ) | |||||
Inventory increase (decrease) | (30,200 | ) | (15,100 | ) | 15,100 | ||||
Accounts payable increase (decrease) | 36,200 | (33,300 | ) | 21,100 | |||||
Accrued liabilities increase (decrease) | (66,400 | ) | 18,200 | (12,000 | ) |
For each of the above separate cases X, Y, and Z, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)
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