VDR Equipment, Inc. reported the following data for 2024:

Income Statement:
Net Income	$39,000
Depreciation Expense	10,000
Balance Sheet:
Increase in Accounts Receivable	6,500
Decrease in Accounts Payable	4,500

 

Compute VDR's net cash provided by operating activities using indirect method.

 

 Finish the partial Statement of Cash Flows. (Use a minus sign or parentheses for amounts that result in a decrease in cash.) 

VDR Equipment, Inc.

Statement of Cash Flows (Partial)

Year Ended December 31, 2024

	Cash Flows from Operating Activities:
	Net Income
	Adjustments to Reconcile Net Income to
	Net Cash Provided by Operating Activities:
	Net Cash Provided by (Used for) Operating Activities

Answer rating: 100% (QA)

To compute VDRs net cash provided by operating activities using the indirect method you need to adju... View the full answer