During $2022,$ Slivowitz Doubleday Company converted $$1,700,000$

of its total $$2,000,000$ of bonds payable into common stock. Indicate how

the transaction would be reported on a statement of cash flows, if at all.

In its $2019$ statement of cash flows, what amount did Apple report

for net cash $($a$)$ provided by operating activities, $($b$)$ used for investing

activities, and $($c$)$ used for financing activities? $($Apple$\text{'}$s financial state$-$

ments are available online.$)$

Describe the direct method for determining net cash provided by

operating activities.

$*19.$ Give the equations under the direct method for computing

$($a$)$ cash receipts from customers and $($b$)$ cash payments to suppliers.

$*20.$ Harbinger Inc. reported sales of $$2$ million for $2022.$ Accounts

receivable decreased $$150,000,$ and accounts payable increased

$$300,000.$ Compute cash receipts from customers, assuming that the

receivable and payable transactions are related to operations.

$*21.$ In the direct method, why is depreciation expense not reported in

the cash flows from operating activities section?

$*22.$ Why is it advantageous to use a worksheet when preparing a

statement of cash flows? Is a worksheet required to prepare a state$-$

ment of cash flows?During $2022,$ Slivowitz Doubleday Company converted $$1,700,000$

of its total $$2,000,000$ of bonds payable into common stock. Indicate how

the transaction would be reported on a statement of cash flows, if at all.

In its $2019$ statement of cash flows, what amount did Apple report

for net cash $($a$)$ provided by operating activities, $($b$)$ used for investing

activities, and $($c$)$ used for financing activities? $($Apple$\text{'}$s financial state$-$

ments are available online.$)$

Describe the direct method for determining net cash provided by

operating activities.

$*19.$ Give the equations under the direct method for computing

$($a$)$ cash receipts from customers and $($b$)$ cash payments to suppliers.

$*20.$ Harbinger Inc. reported sales of $$2$ million for $2022.$ Accounts

receivable decreased $$150,000,$ and accounts payable increased

$$300,000.$ Compute cash receipts from customers, assuming that the

receivable and payable transactions are related to operations.

$*21.$ In the direct method, why is depreciation expense not reported in

the cash flows from operating activities section?

$*22.$ Why is it advantageous to use a worksheet when preparing a

statement of cash flows? Is a worksheet required to prepare a state$-$

ment of cash flows?