Compute the cash from operations in each of the following cases (A and B). All sales and
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Compute the cash from operations in each of the following cases (A and B). All sales and purchases have been made on credit.
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Sales revenue Depreciation expense Cost of sales Other expenses Dividends paid Increase/(decrease) in: Inventories Accounts receivable Prepayments Accounts payable Other current liabilities A $60 000 5000 30 000 3000 10000 8 000 7000 (1 000) (30 000) 16 000 B $80 000 12 000 76 000 1 400 (20 000) 4 000 (2 000) 9 000 (20 000)
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Sales Less COS Gross margin Less Operating expenses Operating profit Add back Depreciati...View the full answer
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730369325
7th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
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