Question: please answer every question. thank you :) The income statement of Sweet Acacia Company is presented here. Additional information: 1. Accounts receivable decreased $386,800 during

please answer every question. thank you :)
please answer every question. thank you :) The income statement of Sweet
Acacia Company is presented here. Additional information: 1. Accounts receivable decreased $386,800

The income statement of Sweet Acacia Company is presented here. Additional information: 1. Accounts receivable decreased $386,800 during the year, and inventory decreased $322,200. 2. Prepaid expenses increased $149,000 during the year. 3. Accounts payable to suppliers of inventory decreased $343,300 during the year. 4. Accrued expenses payable decreased $100,700 during the year. 5. Administrative expenses include depreciation expense of $109.800. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2025, for Sweet Acacia Company, using the indirect methodi (Show amounts that decrease cash flow with either a -signe eg, 15,000 or in parenthesis eg. (15,000).) Prepare the operating activities section of the statement of cash flows for the year ended November 30,2025 , for Sweet Acacia Company, using the indirect method. (Show amounts that decrease cash flow with either a-sien es +15.000 or in parenthesis eg. (15,000) )

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!