Question: Os 12-3 Indirect: Computing cash flows from operations LO P2 The list includes all balance sheet accounts related to cash from operating activities Case X
Os 12-3 Indirect: Computing cash flows from operations LO P2 The list includes all balance sheet accounts related to cash from operating activities Case X Case Y Case Z $ 4,000 $10e, 660 $72,000 8, 000 24,800 Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) 30, 000 40, 000 (4, 000) 20,000 (20,000) (10,000) 10,000 (44,00) 12,00 (8,000) For each of the above separate cases X, Y, and Z, compute cosh flows from operations using the indirect method. (Amounts to be deducted should be Indicated by a minus sign.) Flows from Operating Activities (Indirect) Case Y Case X Case Z 4,000 100000 72,000 Net income Adjustments to reconcile net income to net cash provided by operations
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