Business, 18.08.2019 03:10 madelllinefreeman

The following information pertains to guy’s gear company: sales $ 75,000 expenses: cost of goods sold $ 47,500 depreciation expense 5,500 salaries and wages expense 11,500 64,500 net income $ 10,500 accounts receivable decrease $ 3,500 inventory increase 7,500 salaries and wages payable increase 700 required: present the operating activities section of the statement of cash flows for guy’s gear company using the indirect method. (amounts to be deducted should be indicated with a minus sign.)

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The following information pertains to guy’s gear company: sales $ 75,000 expenses: cost of goods s...