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Cashflow using Indirect method Operating Activities

Cashflow using Indirect method Operating Activities

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Σ * 00 ト 8. Cashflow using Indirect method - Operating Activities Joy Corp. Statement of Comprehensive Income For The Year Ended December 31,2018 3. Particulars Amount Revenue Cost of Sales Gross Profit Admin Expense Interest Expense Depreciation Expense Operating Income Gain on sale of Asset Net Income before Income taxes Income Tax exp Net Income $74,880.00 -$53,245.00 $21,635.00 -$4,558.00 -$7,000.00 -$3,950.00 $6,127.00 $2,450.00 $8,577.00 -$1,605.00 $6,972.00 9. Joy Corp. Statement of Financial Position As at Dec 31st 2018 Particulars Current Assets Inventory Accounts Receivable 2018 2017 $9,980.00 $9,680.00 $9,454.00 $5,320.00 Current Assets Accounts Payable Income Tax payable Interest Payable warranty provision $5,945.00 $5,475.00 $4,995.00 $80,512.00 $3,680.00 $6,351.00 $3,115.00 $60,384.00 what will be Net Cash Generated from Operating Activity MacBook Pro Q Search Web Search The 23 & $ R. } B N command option
Transcribed Image Text:Σ * 00 ト 8. Cashflow using Indirect method - Operating Activities Joy Corp. Statement of Comprehensive Income For The Year Ended December 31,2018 3. Particulars Amount Revenue Cost of Sales Gross Profit Admin Expense Interest Expense Depreciation Expense Operating Income Gain on sale of Asset Net Income before Income taxes Income Tax exp Net Income $74,880.00 -$53,245.00 $21,635.00 -$4,558.00 -$7,000.00 -$3,950.00 $6,127.00 $2,450.00 $8,577.00 -$1,605.00 $6,972.00 9. Joy Corp. Statement of Financial Position As at Dec 31st 2018 Particulars Current Assets Inventory Accounts Receivable 2018 2017 $9,980.00 $9,680.00 $9,454.00 $5,320.00 Current Assets Accounts Payable Income Tax payable Interest Payable warranty provision $5,945.00 $5,475.00 $4,995.00 $80,512.00 $3,680.00 $6,351.00 $3,115.00 $60,384.00 what will be Net Cash Generated from Operating Activity MacBook Pro Q Search Web Search The 23 & $ R. } B N command option
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