Question: Prepare a cash flow statement for Pfizer Inc. for the year ended December 31, 2026, using the following data: Net Income: $6,000,000 Depreciation Expense: $1,000,000
Prepare a cash flow statement for Pfizer Inc. for the year ended December 31, 2026, using the following data:
- Net Income: $6,000,000
- Depreciation Expense: $1,000,000
- Changes in working capital:
- Accounts Receivable: $400,000 increase
- Inventory: $300,000 decrease
- Accounts Payable: $200,000 increase
- Prepaid Expenses: $100,000 decrease
Analyze the cash flow activities and operating cash flow.
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