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Use the following information to calculate operating cash flows: Net Income/(Loss) Increase in accounts receivable Cost of Goods Sold Decrease in Inventory Increase in equipment
Use the following information to calculate operating cash flows: Net Income/(Loss) Increase in accounts receivable Cost of Goods Sold Decrease in Inventory Increase in equipment Increase in accounts payable Increase in bonds payable Depreciation expense Increase in Common Stock Increase/(Decrease) In retained earnings ($5,000) 4,000 5,000 -3,000 10,000 1,000 20.000 5,000 3,000 ($5,000) Use the following information to calculate financing cash flows: Net Income (LOSS) ($4,000) Increase in accounts receivable 5,000 Cost of Goods Sold 5,000 Decrease in Inventory -3,000 Increase in equipment 10,000 Increase in accounts payable 4,000 Increase in bonds payable 10,000 Depreciation expense 3,000 Increase in Common Stock 3,000 Increase/(Decrease) In retained earnings ($5,000)
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