The independent cases are listed below includes all balance sheet accounts relat
ID: 2515679 • Letter: T
Question
The independent cases are listed below includes all balance sheet accounts related to operating activities: Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Case A Case B Case C 301,000$ 10,500 $411,000 1,000141,000 71,000 (191.000) 41,000) 26,00041,000 111,000 51,000(211,000) (31,000) 82.000 (11,000) (41,000) 61,000 Show the operating activities section of cash flows for each of the given cases. (Amounts to be deducted should be indicated with a minus sign.) Case ACase B Case C Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities Depreciation Changes in Assets and Liabilities Accounts Receivable Inventory Accounts Payable Accrued Liabilities Net Cash Provided by Operating Activities 0Explanation / Answer
Cashflows from Operating Activities: CASEA CASE B CASE C Net Income 301000 10500 411000 Adjusting for reconciliation Depreciation 31000 141000 71000 Change in assets and liabiltiies Accounts Receivable -82000 191000 11000 Inventory 41000 -26000 41000 Accounts payable -41000 111000 61000 Accrued liabilties 51000 -211000 -31000 Net cash prvided from Operarting Activities 301000 216500 564000
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