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amoakoh800003
17.03.2020 •
Business
S Company reported net income for 2018 in the amount of $400,000. The company's financial statements also included the following: Increase in accounts receivable $ 80,000 Decrease in inventory 60,000 Increase in accounts payable 200,000 Depreciation expense 104,000 Gain on sale of land 148,000 What is net cash provided by operating activities under the indirect method?
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Ответ:
Net cash provided by operating activities under the indirect method
Cashflow From Operating Activities
Net Income 400,000
Adjastments for Non-Cash Items
Depreciation 104,000
Adjastments of Other Items Included in Cashflow Statement
Gain on Sale of Land (148,000)
Working Capital Adjastments
Increases in Accounts Receivables (80,000)
Decreases in Inventory 60,000
Increases in Accounts Payable 200,000
Net Cashflow From Operating Activities 536,000
Explanation:
Indirect Method Adjasts the Profit for the year with three things
Non-Cash ItemsItems included in Cashflow StatementWorking CapitalTo arrive at Net Cashflow from Operating Activities
Ответ: