use the direct method

BRIEF EXERCISES (continued) 32. Fasting Artivitetin Cash flows from earing acties Preveche front of Toils m e of communal Payments for cash dividends Cash provided by financing 23. Cash Flow Measures ( The rating cash flow ratinis Operating cash w ratio (2) The capital expenditure ratio is: SA 574.7732 expenditure ratio S (3) The free cash flow is Free cash flow Purchase Order: 032420-78 BRIEF EXERCISES 19. Operating Activities Section: Indirect Method Cash flows from operating activities Net income Adjustments to convert net income to cash provided by operating activities: Add back depreciation expense Deduct gain on sale of equipment Increase in accounts receivable Decrease in merchandise inventory Increase in prepaid expenses Increase in accounts payable Increase in income taxes payable Cash provided by operating activities For current assets the adjustment is in the opposite direction of the change in the account. For current liabilities, the adjust- ment is the same direction as the change in the account. BRIEF EXERCISES (continued) 21. Investing Activities Section Cash flows from investing activities Proceeds from sale of equipment Purchase of property Purchase of long-term investments Cash used by investing activities I llment, be company. case profits through orting and metrics 2- Document1 . Word Search Jesse Bladecki t Design Layout References Mailings Review View Help Shar Using the direct method, prepare the operating activities section of the statement of cash flows for Cargill Company for the year ended December 31, 2017. Use the format presented in Figure 12.12. 21. Investing Activities Section. The following information is from the noncurrent asset portion of Brighton, Inc.'s balance sheet. The following activities occurred during 2017: