Compute the net cash flow from operating activities for Bernadino Company under the indirect reporting format. Bernadino
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Bemadino Company Statement of Net Income For the Current Year Ended Sales Depreciation Expense Salling, General, and Administrative Expenses Gain on Sale of Equipment Other Expenses $39,000 5,700) (32.400) 1,400 4,100) 1,800) 540 S (1,260 Income before Taxes Tax Benefit Net Loss Account Changes from the Balance Sheet Decrease in Accounts Receivable Decrease in Accounts Payable Increase in Wages Payable Amount 1,600 700 2,900
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Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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