Suppose your company reports $175 of net Income and $43 of cash dividends paid, and its comparative balance sheet indicates the following. Beginning Cash Accounts Receivable Inventory Total $ 38 90 260 Ending $ 228 198 158 $ 388 $ 584 Salaries and wages Payable $ 13 $ 65 115 260 127 392 $ 388 $ 584 Common Stock Retained Earnings Total Required: 1. Prepare the operating activities section of the statement of cash flows, using the Indirect method. (Amounts to be deducted should be indicated with a minus sign.) Net Income Increase in Accounts Receivable Decrease in Inventory Increase in Salaries and Wages Payable Dividends paid Net Cash Flow from Operating Activities
Suppose your company reports $175 of net Income and $43 of cash dividends paid, and its comparative balance sheet indicates the following. Beginning Cash Accounts Receivable Inventory Total $ 38 90 260 Ending $ 228 198 158 $ 388 $ 584 Salaries and wages Payable $ 13 $ 65 115 260 127 392 $ 388 $ 584 Common Stock Retained Earnings Total Required: 1. Prepare the operating activities section of the statement of cash flows, using the Indirect method. (Amounts to be deducted should be indicated with a minus sign.) Net Income Increase in Accounts Receivable Decrease in Inventory Increase in Salaries and Wages Payable Dividends paid Net Cash Flow from Operating Activities
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 78E: Ratio Analysis Consider the following information. Required: Calculate the stockholder payout...
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Alpesh
![Suppose your company reports $175 of net Income and $43 of cash dividends paid, and its comparative balance sheet indicates the
following.
Beginning
Cash
Accounts Receivable
Inventory
Total
$ 38
90
260
Ending
$ 228
198
158
$ 388
$ 584
Salaries and wages Payable
$ 13
$ 65
115
260
127
392
$ 388
$ 584
Common Stock
Retained Earnings
Total
Required:
1. Prepare the operating activities section of the statement of cash flows, using the Indirect method. (Amounts to be deducted should
be indicated with a minus sign.)
Net Income
Increase in Accounts Receivable
Decrease in Inventory
Increase in Salaries and Wages Payable
Dividends paid
Net Cash Flow from Operating Activities](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fab9a4850-3929-4293-8510-71c18ec98101%2F4957b78e-9326-4a58-b114-14d3df8017b3%2F90gasd7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose your company reports $175 of net Income and $43 of cash dividends paid, and its comparative balance sheet indicates the
following.
Beginning
Cash
Accounts Receivable
Inventory
Total
$ 38
90
260
Ending
$ 228
198
158
$ 388
$ 584
Salaries and wages Payable
$ 13
$ 65
115
260
127
392
$ 388
$ 584
Common Stock
Retained Earnings
Total
Required:
1. Prepare the operating activities section of the statement of cash flows, using the Indirect method. (Amounts to be deducted should
be indicated with a minus sign.)
Net Income
Increase in Accounts Receivable
Decrease in Inventory
Increase in Salaries and Wages Payable
Dividends paid
Net Cash Flow from Operating Activities
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