Question: QS 12-3 Indirect: Computing cash flows from operations LO P2 The list includes all balance sheet accounts related to cash from operating activities. Case Y

 QS 12-3 Indirect: Computing cash flows from operations LO P2 The

QS 12-3 Indirect: Computing cash flows from operations LO P2 The list includes all balance sheet accounts related to cash from operating activities. Case Y Case z $ 4,000 $100,000 72,000 8,000 24,000 40,000 20,000 4, 000) (20,000) (10,000) 10,000 24,000 (22,000) 14,000 (44,000) 12,000 (8,000) Case Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) 30,000 For each of the above separate cases X, Y, and Z, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Case Y Case Z Case X S 4,000 $ 100,000 72,000 Net income Adjustments to reconcile net income to net cash provided by operations S 4,000100,000$ 72,000 Next> KPrev 5 of 17

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