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Using the information below, calculate Cabana Co.’s Net Operating Cash Flow for 2017. It is not necessary to produce a complete Statement of Cash Flows – only Net Operating Cash Flow is required.                                         2016                2017 Net Income                 $100,000         $110,000 Accounts Receivable   80,000             70,000 Accounts Payable        15,000             30,000 Prepaid Expenses        5,000               7,000 Inventory                    20,000             30,000 Unearned Revenue      5,000               1,000 PP&E                          200,000           220,000 Depreciation Expense 20,000             25,000

Using the information below, calculate Cabana Co.’s Net Operating Cash Flow for 2017. It is not necessary to produce a complete Statement of Cash Flows – only Net Operating Cash Flow is required.                                         2016                2017 Net Income                 $100,000         $110,000 Accounts Receivable   80,000             70,000 Accounts Payable        15,000             30,000 Prepaid Expenses        5,000               7,000 Inventory                    20,000             30,000 Unearned Revenue      5,000               1,000 PP&E                          200,000           220,000 Depreciation Expense 20,000             25,000

FINANCIAL ACCOUNTING
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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Using the information below, calculate Cabana Co.’s Net Operating Cash Flow for 2017. It is not necessary to produce a complete Statement of Cash Flows – only Net Operating Cash Flow is required. 

                                       2016                2017

Net Income                 $100,000         $110,000

Accounts Receivable   80,000             70,000

Accounts Payable        15,000             30,000

Prepaid Expenses        5,000               7,000

Inventory                    20,000             30,000

Unearned Revenue      5,000               1,000

PP&E                          200,000           220,000

Depreciation Expense 20,000             25,000

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