Question: The entire question is provided, it asks you to prepare the operating activities section kf the statement of cash flows The income statement of Flint

 The entire question is provided, it asks you to prepare the
operating activities section kf the statement of cash flows The income statement
of Flint Comnanv is nresontod horo Additional information: 1. Accounts receivable decreased
$380,300 during the year, and inventory decreased $325,400 2. Prepaid expenses increased
The entire question is provided, it asks you to prepare the operating activities section kf the statement of cash flows
$150,200 during the year. 3. Accounts payable to suppliers of inventory decreased

The income statement of Flint Comnanv is nresontod horo Additional information: 1. Accounts receivable decreased $380,300 during the year, and inventory decreased $325,400 2. Prepaid expenses increased $150,200 during the year. 3. Accounts payable to suppliers of inventory decreased $355,200 during the year. 4. Accrued expenses payable decreased $101,600 during the year. 5. Administrative expenses include depreciation expense of $107,900. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2025, for Flint Company, using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. 15,000 or in parenthesis eg. (15,000).) Adjustments to reconcile net income to $ Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Decrease in Cash Net increase in Cash

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!