Exercise 16-7 Indirect: Reporting cash flows from operations P2
Annual Income Statement Data
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Mathematics, 25.04.2021 23:40 loraine4664
Exercise 16-7 Indirect: Reporting cash flows from operations P2
Annual Income Statement Data
Sales
Expenses
Cost of goods sold
Wages expense
Amortization expense
Net income
$50,000
30,000
10,000
1,500
$ 8,500
Selected Year-End Balance Sheet Data
Prepaid expenses increase
$3,000
Inventory Increase
500
Accounts payable decrease
1,000
Prepare the operating activities section of the statement of cash flows for GreenGarden using the indirect method (Amounts to be
deducted should be indicated with a minus sign.)
Statement of Cash Flows (partial)
Cash flows from operating activities
Adjustments to reconcile not income to not cash provided by operating activities
Income statement items not affecting cash
Changes in current operating assets and liabilities
Answers: 1
Mathematics, 21.06.2019 12:30, keananashville
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Answers: 1
Mathematics, 21.06.2019 23:00, CelesteN64
In trapezoid abcd, ac is a diagonal and ∠abc≅∠acd. find ac if the lengths of the bases bc and ad are 12m and 27m respectively.
Answers: 3
Mathematics, 22.06.2019 03:30, tystar84
The elmina wilson company produces spaghetti sauce that is used in restaurants. the fixed costs total $1,329,050. the selling price per 64 oz. can of sauce is $12.40. the variable cost per can is $4.80. what is the break-even point in number of cans?
Answers: 1
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