accounting question 409988
| The two independent cases are listed below: |
| Case A | Case B | |||||||
| 2010 | 2009 | 2010 | 2009 | |||||
| Sales Revenue | $ | 13,000 | $ | 12,000 | $ | 24,000 | $ | 21,000 |
| Cost of Goods sold | 4,700 | 4,200 | 13,100 | 12,100 | ||||
| Gross Profit | 8,300 | 7,800 | 10,900 | 8,900 | ||||
| Depreciation Expense | 900 | 900 | 1,700 | 1,200 | ||||
| Salaries Expense | 2,400 | 2,000 | 5,100 | 5,100 | ||||
| Net Income | 5,000 | 4,900 | 4,100 | 2,600 | ||||
| Accounts Receivable | 410 | 500 | 640 | 500 | ||||
| Inventories | 610 | 500 | 870 | 900 | ||||
| Accounts Payable | 790 | 700 | 590 | 650 | ||||
| Salaries Payable | 1,090 | 1,300 | 170 | 210 | ||||
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| Required: |
| Compute the net cash flow from operating activities section of the 2010 statement of cash flows using the indirect method.(Omit the “$” sign in your response.) |
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accounting question 409988
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| Case A | $ | |
| Case B | $ | |
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