Prepare cash flows from operating activities using the direct method: Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Twix $ 4,000 30,000 40,000 (20,000) 24,000 (44,000) Dots $100,000 8,000 20,000 (10,000) (22,000) 12,000 Skor $72,000 24,000 (4,000) 10,000 14,000 (8,000)
Prepare cash flows from operating activities using the direct method: Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Twix $ 4,000 30,000 40,000 (20,000) 24,000 (44,000) Dots $100,000 8,000 20,000 (10,000) (22,000) 12,000 Skor $72,000 24,000 (4,000) 10,000 14,000 (8,000)
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 19E
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Question
![Prepare cash flows from operating activities using the direct method:
Net income
Depreciation expense
Accounts receivable increase (decrease)
Inventory increase (decrease)
Accounts payable increase (decrease)
Accrued liabilities increase (decrease)
Dots
Twix
$4,000
$100,000
30,000
8,000
40,000
20,000
(20,000)
(10,000)
24,000 (22,000)
(44,000)
12,000
Skor
$72,000
24,000
(4,000)
10,000
14,000
(8,000)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F15bd121c-d2c6-4636-9a4d-24b53859efc8%2F61c5c6fb-e4ce-454b-a8c2-adfbaa9cf972%2Fn8zi5mk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Prepare cash flows from operating activities using the direct method:
Net income
Depreciation expense
Accounts receivable increase (decrease)
Inventory increase (decrease)
Accounts payable increase (decrease)
Accrued liabilities increase (decrease)
Dots
Twix
$4,000
$100,000
30,000
8,000
40,000
20,000
(20,000)
(10,000)
24,000 (22,000)
(44,000)
12,000
Skor
$72,000
24,000
(4,000)
10,000
14,000
(8,000)
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