Question: QS 12-21B Direct: Computing cash receipts from operations LO P5 Russell Co. reports sales revenue of $33.200 and interest revenue of $8,200. Its comparative balance
QS 12-21B Direct: Computing cash receipts from operations LO P5 Russell Co. reports sales revenue of $33.200 and interest revenue of $8,200. Its comparative balance sheet shows that accounts receivable decreased $7,200 and interest receivable increased $1,800. Compute cash provided by operating activities using the direct method. (Amounts to be deducted should be indicated by a minus sign.) Cash Receipts from Operations (Direct) Cash provided by operating activities
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