Change the amounts for selected balance sheet accounts in the spreadsheets created for either S12-3 or S12-4 to calculate the net cash flows from operating activities if, just before the current year-end, the company’s management took the actions listed in the following requirements. Consider each question independently, unless indicated otherwise.

1. What if the company collected $10,000 of the accounts receivable?
2. What if the company had paid down its interest payable by an extra $2,000?
3. What if the company waited an additional month before paying $6,000 of its accounts payable?
4. What if the company had reported $5,000 more depreciation expense?
5. What if all four of the above events had taken place at the same time?

  • CreatedFebruary 27, 2015
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