For each of the following items, indicate whether you would add, subtract, or ignore the change when computing Cash Flows from Operations: Cash Equipment Accounts Receivable $20,000 Patent Wages Payable Inventory 2022 Common Stock $200,000 Accounts Payable $7,000 Prepaid Rent $25,000 $15,000 $3,500 $5,000 $20,000 $6,000 2021 $210,000 $21,000 $21,000 $30,000 $8,000 $3,000 $6,000 $15,000 $5,000 Add/Subtract/Ignore Change Ignore Add Subtract Add Subtract Add Add Add Subtract > > > > >

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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For each of the following items, indicate whether you would add, subtract, or ignore the change
when computing Cash Flows from Operations:
Cash
Equipment
Accounts Receivable $20,000
Patent
Wages Payable
Inventory
2022
Common Stock
$200,000
Accounts Payable $7,000
Prepaid Rent
$25,000
$15,000
$3,500
$5,000
$20,000
$6,000
2021
$210,000
$21,000
$21,000
$30,000
$8,000
$3,000
$6,000
$15,000
$5,000
Add/Subtract/Ignore
Change
Ignore
Add
Subtract
Add
Subtract
Add
Add
Add
Subtract
>
>
>
>
>
<
Transcribed Image Text:For each of the following items, indicate whether you would add, subtract, or ignore the change when computing Cash Flows from Operations: Cash Equipment Accounts Receivable $20,000 Patent Wages Payable Inventory 2022 Common Stock $200,000 Accounts Payable $7,000 Prepaid Rent $25,000 $15,000 $3,500 $5,000 $20,000 $6,000 2021 $210,000 $21,000 $21,000 $30,000 $8,000 $3,000 $6,000 $15,000 $5,000 Add/Subtract/Ignore Change Ignore Add Subtract Add Subtract Add Add Add Subtract > > > > > <
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