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For each of the following companies, calculate the cash flow from operations using the indirect method:
(Give proper explanation)
Question 1 For each of the following companies, calculate the cash flow from operations using the indirect method: (List items that increase cash flow fir Kotei & Sons SaskCo. Movilla Ltd. Ltd. Sales revenue $456,000 $806,000 $964,000 Cost of goods sold 235,000 420,000 550,000 Depreciation expense 40,000 88,000 81,000 Other operating expenses 50,000 60,000 70,000 Interest expense 15,000 20,000 35,000 Gain (loss) on sale of equipment 9,000 (15,000) (14,000) Dividends paid 6,000 10,000 12,000 Increase/ (Decrease) in Accounts receivable 14,000 (16,000) 15,000 Inventory (20,000) 25,000 (30,000) Prepaid expenses 1,000 (2,400) (2,600) Property, plant, and equipment 220,000 (70,000) 150,000 Accounts payable (9,200) 12,300 (9,200) Interest payable (8,000) 5,000 Bonds payable (20,000) 50,000 60,000 Common shares 64,000 (14,000) 129,000 3,000
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