The accounting records of Fuzzy Dice Auto Parts reveal the following: Requirement 1. Compute cash flows from
Question:
Requirement
1. Compute cash flows from operating activities using the directmethod.
Transcribed Image Text:
$ 31,000 Net income 13,000 Payment of income tax 16,000 Collection of dividend revenue 6,000 Payment to supplicrs 117,000 Payment of salarics and wages Depreciation Payment of interest Payment of dividends Collections from customers $ 21,000 11,000 54,000
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Req 1 Fuzzy Dice Auto Parts Statement of Cash Flows Partial Year Ended 2012 ...View the full answer
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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