Teal Ltd. reported 2022 net income of HK$157,040. During 2022, accounts receivable increased by HK$13,520 and accounts payable increased by HK$9,880. Depreciation expense was HK$45,760. Prepare the cash flows from operating activities section of the statement of cash flows (amounts in thousands). (Show amounts that decrease cash flows with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to > > > TEAL LTD Cash Flow Statement HK$ HK$ HK$

Teal Ltd. reported 2022 net income of HK$157,040. During 2022, accounts receivable increased by HK$13,520 and accounts payable increased by HK$9,880. Depreciation expense was HK$45,760. Prepare the cash flows from operating activities section of the statement of cash flows (amounts in thousands). (Show amounts that decrease cash flows with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to > > > TEAL LTD Cash Flow Statement HK$ HK$ HK$

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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