hết cash flows from operating

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Use the following information from Birch Company's balance sheets:
Dec. 31, 2018
Dec. 31, 2017
Accounts Receivable
$13,300
$15,700
Prepaid Insurance
4,400
3,400
Accounts Payable
9,200
8,200
Accured Liabilities
2,800
3,200
Determine net cash flows from operating activities (indirect method), assuming net income for 2018 of $124,000.
Transcribed Image Text:ate.. CengageNOWv2| Online t... h My Explore | Honey Honey for Safari on the Ma... 13 Print Item Use the following information from Birch Company's balance sheets: Dec. 31, 2018 Dec. 31, 2017 Accounts Receivable $13,300 $15,700 Prepaid Insurance 4,400 3,400 Accounts Payable 9,200 8,200 Accured Liabilities 2,800 3,200 Determine net cash flows from operating activities (indirect method), assuming net income for 2018 of $124,000.
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