Sawadi Thai Restaurant had sales of $880,000, all received in cash. Total operating expenses were $580,000....

Sawadi Thai Restaurant had sales of $880,000, all received in cash. Total operating expenses were $580,000. All except depreciation were paid in cash. Depreciation of $90,000 was included in the $580,000 of operating expenses. Ignoring income taxes.

1. Compute net income and net cash provided by operating activities.

2. Assume that non-depreciation expenses are the same as in part 1 but that depreciation as tripled. Compute net income and net cash provided by operating activities.

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ekkarill92 answered 1 year ago

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