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100 points The independent cases are isted below that includes all tems relevant

ID: 2433012 • Letter: 1

Question

100 points The independent cases are isted below that includes all tems relevant to operating activities Sales revenue Cost of goods sold Depreciation expense Salaries and wages expense Net income Accounts receivable increase (decrease) inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase (decrease) s 75,000 65,000 $ 108.000 40,000 31,00071,000 1,0003,00027,000 6,000 14,0009,000 18,000 17,000 (1.000) (1,100) 5,0004,000 0 (4.000) 0 3,500 (1,100) 1.100 3,000 2,000 (3,000) Compute cash fows from operating acivities using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Salaries and Wages Net Cash Provided by Operating Activites s0 References eBook & Resources Worksheet O Type here to search

Explanation / Answer

Cash flows from Operating activities CASE A CASE B CASE C Cash collected from customers 76100 60000 102000 Cash payments for suppliers -43000 -27500 -68100 Cash paid for salaries and wages -4000 -17000 -7900 Net cash provided from Operating activities 29100 15500 26000

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