![M12-5 Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] The two independent cases are listed below.](http://img.homeworklib.com/questions/f2c3de00-504b-11ea-b450-0f122f622667.png?x-oss-process=image/resize,w_560)
Homework Answers
| cash flow from operating activities | ||||||
| Case A | Case B | |||||
| net income | 1500 | 2500 | ||||
| adjustments to reconcile net income to net cash provided by operating activities | ||||||
| depreciation expenses | 1000 | 1500 | ||||
| change in assets & liabilities | ||||||
| accounts receivable | 100 | -150 | ||||
| inventory | -250 | 70 | ||||
| accounts payable | 100 | -50 | ||||
| salaries & wages payable | -200 | -50 | ||||
| net cash flow from operating activities | 2250 | 3820 | ||||
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M12-5 Computing Cash Flows from Operating Activities (Indirect Method) [LO 12-2] The two independent cases are...
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