Ames Company reported 2015 net income of HK$151,000. During 2015, accounts receivable increased by HK$13,000 and accounts
Question:
Ames Company reported 2015 net income of HK$151,000. During 2015, accounts receivable increased by HK$13,000 and accounts payable increased by HK$9,500. Depreciation expense was HK$44,000. Prepare the cash flows from operating activities section of the statement of cash flows
(amounts in thousands).
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Related Book For
Intermediate Accounting IFRS Edition
ISBN: 9781118443965
2nd Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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