Question: The independent cases are listed below that includes all items relevant to operating activities: The independent cases are listed below that includes all items relevant
The independent cases are listed below that includes all items relevant to operating activities: |
The independent cases are listed below that includes all items relevant to operating activities Case A Case B Case C Sales revenue 57,000 62,000 $103,000 Cost of goods sold 38,500 29,500 68,500 Depreciation expense 10,700 2,700 10,700 Other operating expenses 5,700 13,700 8,700 Net income 27,000 8,700 12,700 Accounts receivable increase (decrease) (1,100) 4,700 3,700 2,700 0 (3,700) Inventory increase (decrease) Accounts payable increase (decrease) 0 3,200 (1,100) Accrued liabilities increase (decrease) 1,850 (2,700) 1,100 Compute cash flows from operating activities using the direct method. (List cash outflows as negative amounts.) Case A Case B Case C Cash Collected from Customers Cash Payments to Suppliers Cash Payments for Operating Expenses Net Cash Provided by Operating Activities
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