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The two independent cases are listed below: Case A Case B Year 2 Year 1 Year 2 Year 1 Sales Revenue $ 12,600 $ 10,600
The two independent cases are listed below: Case A Case B Year 2 Year 1 Year 2 Year 1 Sales Revenue $ 12,600 $ 10,600 0 $29,000 $ 19,600 6,800 15,200 11,800 Cost of Goods Sold 6,300 13,800 Gross Profit 5,800 4,300 7,800 Depreciation Expense 1.160 1,160 1,660 1,660 Salaries and Wages 3,300 2160 6,600 5,160 Expense Net Income 1.340 980 5.540 980 Accounts Receivable 380 480 830 680 Inventory 830 580 890 880 Accounts Payable 960 860 880 1,010 Salaries and Wages 2,600 1,360 280 Payable 330 Compute the net cash flow from operating activities section of the Year 2 statem cash flows using the direct method. (Amounts to be deducted should be indicate a minus sign.) Answer is complete but not entirely correct. Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Salaries and Wages Net Cash Provided by Operating Activities Case A Case B $12,500 $ $ 29,150 (6.450) 15,320) (2.060) (6,650) $ 3,990 $ 7,180 Mc Graw Hill
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