The accounting records of Hampton Company provided the data below ($ in 000s) Required Prepare a reconciliation of net income to net cash flows from operatingactivities Net income Depreciation expense Increase in accounts receivable Decrease in inventory $17,300 7,800 4,000 5,500 1,200 2,700 800 De...

The accounting records of Hampton Company provided the data below ($ in 000s). Required: Prepare a reconciliation

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The accounting records of Hampton Company provided the data below ($ in 000s).

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Prepare a reconciliation of net income to net cash flows from operatingactivities.

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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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Question Posted: Jun 24, 2013 07:18 AM

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The accounting records of Hampton Company provided the data below ($ in 000s). Required: Prepare a reconciliation

Question:

Net income Depreciation expense Increase in accounts receivable Decrease in inventory $17,300 7,800 4,000 5,500 1,200 2,700 800 Decrease in prepaid insurance Decrease in salaries payable Increase in interest pavable

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Cash flows from operating activities Net income 17300 Adjustments for non...View the full answer

Intermediate Accounting

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