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Business, 27.05.2020 16:58 kimmy6973

Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected Year-End Balance Sheet Data Sales $ 74,000 Accounts receivable increase $ 9,000 Expenses Inventory decrease 4,000 Cost of goods sold 41,000 Salaries payable increase 900 Salaries expense 8,000 Depreciation expense 4,000 Net income $ 21,000 Required: Prepare the operating activities section of the statement of cash flows for Hampton Company using the indirect method.

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Hampton Company reports the following information for its recent calendar year. Income Statement Dat...

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