M12-12 Computing Cash Flows from Operating Activities (Direct Method) [LO 12-6]

The independent cases are listed below that includes all items relevant to operating activities:

	Case A			Case B			Case C
Sales revenue	$	56,000		$	46,000		$	103,000
Cost of goods sold		30,500			21,500			76,800
Depreciation expense		11,900			1,100			27,900
Salaries and wages expense		4,100			12,100			7,100
Net income		9,500			11,300			(8,800	)
Accounts receivable increase (decrease)		(1,100	)		3,100			2,100
Inventory increase (decrease)		1,100			0			(2,100	)
Accounts payable increase (decrease)		0			1,600			(1,100	)
Salaries and wages payable increase (decrease)		1,050			(1,100	)		1,100

Compute cash flows from operating activities using the direct method. (Amounts to be deducted should be indicated with a minus sign.

	Case A	Case B	Case C
Cash Collected from Customers	57100	42900	100900
Cash Payments to Suppliers
Cash Payments for Salaries and Wages
Net Cash Provided by Operating Activities