1. If nét profit is $47,025; depreciation is $2,200; accounts receivable increases $5,056; accounts payable increases $4,673; and inventory declines $850; what is the operating cash flow for the month using the indirect method? Net profit add depreciation Accounts receivable Accounts payable Inventory Operating cash flow 2. As a business owner looking at this operating cash flow statement using the indirect method, what might you want to further investigate? Why?
1. If nét profit is $47,025; depreciation is $2,200; accounts receivable increases $5,056; accounts payable increases $4,673; and inventory declines $850; what is the operating cash flow for the month using the indirect method? Net profit add depreciation Accounts receivable Accounts payable Inventory Operating cash flow 2. As a business owner looking at this operating cash flow statement using the indirect method, what might you want to further investigate? Why?
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 19E
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