The following information is available for QDC Devices Inc. Use this information to answer the question below: Category Accounts payable Accounts receivable Cash COGS Common stock Depreciation expense Interest expense Inventories Long-term debt Net fixed assets- Retained earnings Revenue/Sales Taxes 2021 ($) 750 $570 $190 $230 $410 700 100 600 2,500 10 70 Notes payable General & Adm. expenses 80 1,300 2,000 5,950 200 2,600 1,000 95 2022 ($) 800 950 300 650 3,900 40 90 1,100 1,70 7,150 400 110 2,700 1,200 120 Calculate the net cash flow from operating activities in 2022.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
Section: Chapter Questions
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The following information is available for QDC Devices Inc. Use this information to answer the question below:
Category
Accounts payable
Accounts receivable
Cash
COGS
Common stock
Depreciation expense
Interest expense
Inventories
Long-term debt
Net fixed assets
Notes payable
Revenue/Sales
Taxes
2021 ($)
$570
$190
$230
$410
750
Froulour
700
100
600
2,500
10
70
1,300
General & Adm. expenses 80
Retained earnings
2,000
5,950
200
2,600
1,000
95
2022 ($)
800
950
300
650
3.900
40
90
1,100
1,70
7,150
400
110
2,700
1,200
Calculate the net cash flow from operating activities in 2022.
120
Transcribed Image Text:The following information is available for QDC Devices Inc. Use this information to answer the question below: Category Accounts payable Accounts receivable Cash COGS Common stock Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Revenue/Sales Taxes 2021 ($) $570 $190 $230 $410 750 Froulour 700 100 600 2,500 10 70 1,300 General & Adm. expenses 80 Retained earnings 2,000 5,950 200 2,600 1,000 95 2022 ($) 800 950 300 650 3.900 40 90 1,100 1,70 7,150 400 110 2,700 1,200 Calculate the net cash flow from operating activities in 2022. 120
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