The accounting records of Natural, Inc., reveal: (Click the icon to view the data.) Requirements 1....
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The accounting records of Natural, Inc., reveal: (Click the icon to view the data.) Requirements 1. Compute cash flows from operating activities using the indirect method. 2. Evaluate the operating cash flow of Natural, Inc. Give the reason(s) for your evaluation Requirement 1. Compute cash flows from operating activities using the indirect method. (Use parentheses or a minus sign for numbers to be subtracted.) Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by (used for) operating activities Data tabe Net income S 28.000 Depreciation expense. 10.000 Sales revenue. 9,000 Net cash provided by (used for) operating activities Decrease in current liabilities 24.000 Requirement 2. Evaluate the operating cash flow of Natural, Inc. Give the reason(s) for your evaluation Loss on sale of land 2,000 Operating cash flow is as shown by the operating activities. Increase in current assets other than Cash 10,000 Acquisition of land 38.000 Print Done The accounting records of Natural, Inc., reveal: (Click the icon to view the data.) Requirements 1. Compute cash flows from operating activities using the indirect method. 2. Evaluate the operating cash flow of Natural, Inc. Give the reason(s) for your evaluation Requirement 1. Compute cash flows from operating activities using the indirect method. (Use parentheses or a minus sign for numbers to be subtracted.) Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by (used for) operating activities Data tabe Net income S 28.000 Depreciation expense. 10.000 Sales revenue. 9,000 Net cash provided by (used for) operating activities Decrease in current liabilities 24.000 Requirement 2. Evaluate the operating cash flow of Natural, Inc. Give the reason(s) for your evaluation Loss on sale of land 2,000 Operating cash flow is as shown by the operating activities. Increase in current assets other than Cash 10,000 Acquisition of land 38.000 Print Done
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Related Book For
Financial accounting
ISBN: 978-0136108863
8th Edition
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
Posted Date:
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