? Homepage 30486 ACC?yDChapter 11 Homework × e Accounting question! ClX > ? ? No

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? Homepage 30486 ACC?yDChapter 11 Homework × e Accounting question! ClX > ? ? Not secure l ezto.mheducation.com/hm.tpx?-0.7442488554365067 1530062958730 Chapter 11 Homework instructions I help Question 1 fof g 100 points Brief Exercise 11-7 Calculate operating activities-indirect method 011-2) Engineering Wonders reprts net income of $54 milion Included in that number is builing depreciatn expense of $4 4 millin and a gain on the sale of land o 51 5 millicn Records reval decreases in accounts recvable, accnunts payable, and inventory of S1.4 milion, S2.1 milion, and $3.4 million, respectively what are tn neenn Wonders net cash to s om operating ac vrties? LIst cash out ows and any decrease in cash aB negative amounts. Enter your answer in millions. I e $10,000.000 should be entered as 10 Statement of Cash Flows Cash flows from operingactivilies Adjustments to reconcile nat income to nat cash ows frm perat Nat cash tlows from operating acimbes 0.0 Reference eBook & Resources Worksheet Difficulty 2 Medium 6:34 PM Type here to search 6/26/2018 3

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Engineering Wonders
Statement of Cash Flows (Partial) Particulars Details Amount (In Million) Cash Flow from Operating Activities: Net Income $54.00 Adjustments to reconcile net income to cash flow from operating activities: Depreciation Expense $4.40 Gain on sale of land -$1.60 Decrease in Accounts Receivables $1.40 Decrease in Inventory $3.40 Decrease in Accounts payable -$2.40 Net Cash Flow From Operating Activites (A) $59.20

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