Construct a Cash Flow from Operating Activities (CFO) using direct and indirect methods for the following data (in million USD) 

 

Transcribed Image Text:

■ ■ Purchases on Credit 380 ■ Cash Purchases 200 Cash Sales 400 Sales on Credit 410 I Receipts from Receivables 430 Payments to Payables 360 Cash Expenses 100 Depreciation 55 There is no inventory at the end of the year ■ ■ Purchases on Credit 380 ■ Cash Purchases 200 Cash Sales 400 Sales on Credit 410 I Receipts from Receivables 430 Payments to Payables 360 Cash Expenses 100 Depreciation 55 There is no inventory at the end of the year

Answer rating: 100% (QA)

To construct the Cash Flow from Operating Activities CFO we will first calculate t... View the full answer