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the list includes all balance sheet accounts related to cash from operating acti

ID: 2575913 • Letter: T

Question

the list includes all balance sheet accounts related to cash from operating activities E connect ACCOUNTING p.m. (Sections ework #11: Chapter 12 Question 2 (of 6) value 166 points The list includes all balance sheet accounts related to cash from operating activities Case 5,500 $139,000$100,800 41,400 11,000 33,600 27,500 (5,500) (27,800) (13,900) 13,900 33,300 (30,700) 19,400 (61,100) 16,800 (11,000) Net income 55,300 Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) For each of the above separate cases X, Y and Z, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign. Cash Flows from Operating Activities (Indirect) Case Net Income S5,500 S 139,000 100,800 Adjustments to reconcile net income to net cash provided by operations:

Explanation / Answer

Cash flow from operating activities under indirect method :

Case X Case Y Case Z Net income 5500 139000 100800 Adjustment to reconcile net income Depreciation expenses 41400 11000 33600 Account receivable increase (decrease) (55300) (27500) 5500 Inventory increase (decrease) 27800 13900 (13900) Account payable increase (decrease) 33300 (30700) 19400 Accured liabilities increase (decrease) (61100) 16800 (11000) Net cash flow from operating activities (8400) 122500 134400