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Using the information in the table below (note that the balance sheet accounts listed below are the only items on the cornpany's balance sheet for
Using the information in the table below (note that the balance sheet accounts listed below are the only items on the cornpany's balance sheet for each year and the income statement accounts are the only Items on the company's income statement for each year), what did this company report as Cash flow from Operating Activities on its 2021 statement of cash flows? Account Accounts payable Acounts receivable Accruals Additional paid in capital Cash Common Stock COGS Depreciation expense Interest expense Inventories Long term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Sales Taxes 2020 214,100 35,800 20,810 36,0XX 50,400 8,000 151,040 10,000 20,000 20,780 30,210 209,700 17,600 93,960 169,600 322,000 13,200 2021 33200 30,960 DR5 38,800 16,MO 10,000 165,920 17,600 24,000 21,560 247,680 15,600 102,960 192,800 359,200 16,400 1) 56,480 2) 55,080 Long term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Sales Taxes 30,240 209,700 17,600 93,960 169,600 322,000 13,200 21,560 ? 247,680 15,600 102,960 192,800 359,200 16,400 1) 56,480 2) 55,080 3) 53,480 04) 57,780 05) 54,780 Previous Page Next Page
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