The list includes all balance sheet accounts related to cash from operating acti
ID: 2410081 • Letter: T
Question
The list includes all balance sheet accounts related to cash from operating activities Case X Case Y Case Z $ 7,200 $180,000 $129,6ee Net income Depreciation expense Accounts receivable increase (decrease) 72,80 36,e00 Inventory increase (decrease) Accounts payable increase (decrease Accrued liabilities increase (decrease) (79,200) 21,688 (14,400) 54,000 14,4 43,200 ,80e (7,200) (36,008) (18,000) 18,800 43,20 (39,680) 25,200 e above separate cases x. Y, and Z, compute cash flows from operations using the indirect method (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Case Z 129,600 Case Case Y Net Income $ 7200S 180,000 Adjustments to reconcile net income to net cash provided by operationsExplanation / Answer
Cash Flow from Operating Activities
Case X
Case Y
Case Z
Net Income
7200
180000
129600
Adjustments:
Depreciation Expense
54000
14400
43200
(Increase)/Decrease in Accounts Receivable
(72000)
(36000)
7200
(Increase)/Decrease in Inventory
36000
18000
(18000)
Increase/(Decrease) in Accounts Payable
43200
(39600)
25200
Increase/(Decrease) in Accrued Liabilities
(79200)
21600
(14400)
Cash generated from Operating Activities
(10800)
158400
172800
Cash Flow from Operating Activities
Case X
Case Y
Case Z
Net Income
7200
180000
129600
Adjustments:
Depreciation Expense
54000
14400
43200
(Increase)/Decrease in Accounts Receivable
(72000)
(36000)
7200
(Increase)/Decrease in Inventory
36000
18000
(18000)
Increase/(Decrease) in Accounts Payable
43200
(39600)
25200
Increase/(Decrease) in Accrued Liabilities
(79200)
21600
(14400)
Cash generated from Operating Activities
(10800)
158400
172800
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