Question: The independent cases are listed below that includes all items relevant to operating activities: Sales revenue Cost of goods sold Depreciation expense Salaries and

The independent cases are listed below that includes all items relevant to

The independent cases are listed below that includes all items relevant to operating activities: Sales revenue Cost of goods sold Depreciation expense Salaries and wages expense Net income (loss) Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase (decrease) $74,000 Case A Case B $64,000 Case C $105,000 39,500 30,500 70,300 10,900 2,900 26,900 5,900 13,900 8,900 17,700 16,700 (1,100) (1,000) 4,900 3,900 2,900 (3,900) e 3,400 (1,000) 1,950 (2,900) 1,000 Compute cash flows from operating activities using the direct method. (Amounts to be deducted should be indicated with a minus sign.) Answer is complete but not entirely correct. Case A Case B Case C Cash Collected from Customers $75,000 $59,100. 105,000 Cash Payments to Suppliers 42.400 33.900 65,400 Cash Payments for Salaries and Wages 3,950 16,800 7.900 Net Cash Provided by Operating $ 121 360 na ann 170 300

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