The accounting records of Hampton Company provided the data below ($ in thousands). Net income Depreciation...
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The accounting records of Hampton Company provided the data below ($ in thousands). Net income Depreciation expense Increase in accounts receivable Decrease in inventory Decrease in prepaid insurance Decrease in salaries payable Increase in interest payable Required: Prepare a reconciliation of net income to net cash flows from operating activities. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands. Cash flows from operating activities. Adjustments for noncash effects $ 35,300 9,600 5,800 7,300 2,100 4.500 1,500 Changes in operating assets and liabilities: The accounting records of Hampton Company provided the data below ($ in thousands). Net income Depreciation expense Increase in accounts receivable Decrease in inventory Decrease in prepaid insurance Decrease in salaries payable Increase in interest payable Required: Prepare a reconciliation of net income to net cash flows from operating activities. Note: Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands. Cash flows from operating activities. Adjustments for noncash effects $ 35,300 9,600 5,800 7,300 2,100 4.500 1,500 Changes in operating assets and liabilities:
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Answer 1Ax 38m Ay19m this is the 4th quadrant so 360 tan1 19 38 3335 2 Ax 5m ... View the full answer
Related Book For
Statistics for Psychology
ISBN: 978-0205258154
6th edition
Authors: Arthur Aron, Elaine N. Aron, Elliot J. Coups
Posted Date:
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