Please help, what are the answers to this question? / Cengage * CengageNOWV2 Onl

Question

Please help, what are the answers to this question?

/ Cengage * CengageNOWV2 Online x RL - 3 X > C Apps Secure v2.cengagenow.com/ilm/takeAssignment/takeAssignment Main.do?invoker=assignments&takeAssignmentSession; Locator assignment-take&inpr...; Wireless Ruuter Arch Cloud Cam u Uderry MindMeiser University of South Self Learn Anime Anime a Amazon YouTube 0 > e Other bookmarks Chapter 16 Homework eBook Show Me How Calculator Cash flows from operating activities-indirect method 1. PE. 16-04.BLANKSHEET.AL... Instructions Amount Descriptions Statement of Cash Flows-Operating Activities 2. PR. 16-01.ALGO 3. EX.16-07.BLANKSHEET.AL... Instructions Derniers Inc. reported the following data: 4. EX.16-03 Net income 5. EX.16-04 Depreciation expense Gain on disposal of equipment Decrease in accounts receivable $427,600 45,610 39,720 23,650 6,680 6. PE. 16-03.BLANKSHEET.AL... Decrease in accounts payable Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required. 5:30 PM Type here to search 71% 0 " 6/26/2018 V

Explanation / Answer

Statement of cash flow (partial)

Cash flow from operating activities Net income 427600 Adjustments to reconcile net income to net cash flow from operating activities Depreciation expense 45610 Gain on sale of equipment -39720 Change in current assets and current liabilities Decrease account receivable 23650 Decrease account payable -6680 22860 Net cash flow from operating activities 450460

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---