Twix $ 4,000 30,000 40,000 (20,000) 24,000 (44,e00) Dots Skor Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) $100,000 $ 8,000 20,000 (10,000) (22,000) 12,000 72,000 24,000 (4,000) 10,000 14,000 (8,000) For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Twix Dots Skor Net income $ 4,000 $ Adjustments to reconcile net income to net cash provided by operating activities: 100,000 $ 72,000 Depreciation 30,000 (40,000) 20,000 8,000 (20,000) 24,000 4,000 Accounts receivable Inventories 10,000 (10,000) Accounts payable Accrued liabilities

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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Twix
$ 4,000
30,000
40,000
(20,000)
24,000
(44,e00)
Dots
Skor
Net income
Depreciation expense
Accounts receivable increase (decrease)
Inventory increase (decrease)
Accounts payable increase (decrease)
Accrued liabilities increase (decrease)
$100,000
2$
8,000
20,000
(10,000)
(22,000)
12,000
72,000
24,000
(4,000)
10,000
14,000
(8,000)
For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be
indicated by a minus sign.)
Cash Flows from Operating Activities (Indirect)
Twix
Dots
Skor
Net income
2$
4,000 $
100,000 $
72,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
30,000
8,000
24,000
Accounts receivable
(40,000)
20,000
(20,000)
10,000
4,000
Inventories
(10,000)
Accounts payable
Accrued liabilities
<Prev
5 of 14
Next >
Transcribed Image Text:Twix $ 4,000 30,000 40,000 (20,000) 24,000 (44,e00) Dots Skor Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) $100,000 2$ 8,000 20,000 (10,000) (22,000) 12,000 72,000 24,000 (4,000) 10,000 14,000 (8,000) For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Twix Dots Skor Net income 2$ 4,000 $ 100,000 $ 72,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 30,000 8,000 24,000 Accounts receivable (40,000) 20,000 (20,000) 10,000 4,000 Inventories (10,000) Accounts payable Accrued liabilities <Prev 5 of 14 Next >
For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be
indicated by a minus sign.)
Cash Flows from Operating Activities (Indirect)
Twix
Dots
Skor
Net income
2$
4,000 $
100,000 $
72,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
30,000
8,000
(20,000)
24,000
Accounts receivable
(40,000)
4,000
Inventories
20,000
10,000
(10,000)
Accounts payable
Accrued liabilities
$
14,000 $
98,000 $
90,000
< Prev
5 of 14
Next >
Transcribed Image Text:For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Twix Dots Skor Net income 2$ 4,000 $ 100,000 $ 72,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 30,000 8,000 (20,000) 24,000 Accounts receivable (40,000) 4,000 Inventories 20,000 10,000 (10,000) Accounts payable Accrued liabilities $ 14,000 $ 98,000 $ 90,000 < Prev 5 of 14 Next >
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