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The list includes all balance sheet accounts related to cash from operating activities. Case X Case...

The list includes all balance sheet accounts related to cash from operating activities.

Case X Case Y Case Z
Net income $ 6,000 $ 151,000 $ 109,200
Depreciation expense 45,100 12,000 36,400
Accounts receivable increase (decrease) 60,200 30,000 (6,000 )
Inventory increase (decrease) (30,200 ) (15,100 ) 15,100
Accounts payable increase (decrease) 36,200 (33,300 ) 21,100
Accrued liabilities increase (decrease) (66,400 ) 18,200 (12,000 )

For each of the 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 X Case Y Case Z
Net Income $6,000 $151,000 $109,200
Adjustments to reconcile net income to net cash provided by operations:
$6,000 $151,000 $109,200

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Expert Solution

Case X Case Y Case Z
Net Income                        6,000            1,51,000       1,09,200
Adjustment to Reconcile Net Income to Net Cash Provided by Operations :-
Accounts Payable                      36,200              -33,300          21,100
Accounts Receivable                    -60,200              -30,000            6,000
Accrued Liabilities                    -66,400               18,200         -12,000
Depreciation                      45,100               12,000          36,400
Inventories                      30,200               15,100         -15,100
Cash Provided by (used for) operating Activities                      -9,100            1,33,000       1,45,600

ekkarill92 answered 1 year ago
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