Question: Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Twix $ 7,200 54,000 72,000 (36,000)
Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Twix $ 7,200 54,000 72,000 (36,000) 43,200 (79,200) Dots $ 180,000 14,400 Skor $ 129,600 36,000 43,200 (7,200) (18,000) 18,000 (39,600) 25,200 21,600 (14,400) For each separate company, compute cash flows from operations using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign. Cash Flows from Operating Activities (Indirect) Twix Dots Skor Adjustments to reconcile net income to net cash provided by operating activities: Income statement items not affecting cash Changes in current operating assets and liabilities $ 0 $ $ 0
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