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Calculate the cash flow from operating activites 5A. Cash Flow from Operating...

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Accounting

Calculate the cash flow from operating activites image
5A. Cash Flow from Operating Activities (Indirect Method) The Azuza Company owns no plant as- sets and had the following income statement for the year: $930,000 $650,000 210,000 42,000 venue Sales revenue....... ......................................... Cost of goods sold ..... Wages expense ........ Rent expense.............. Utilities expense........ Net income 12.000 914,000 $ 16,000 Additional information about the company includes: Cambridge Business Publishers Statement of Cash Flows End of Year Beginning of Year Accounts receivable......... Inventory..... Prepaid rent ............. Accounts payable......... Wages payable...................................... $67,000 62,000 9,000 22,000 9,000 $59,000 86,000 7,000 30,000 7,000 . Use the preceding information to calculate the cash flow from operating activities using the indirect method

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