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income statement for year ended in ded 31 2014
sales 755,000
cogs 543,000
gros profit 212,00
operating expenses
selling expenses 52,000
Admin exp 141,000
net income 71,000
addl info
1 a/ r decreaded by 63,000
2 inventory increased 38,000
3 prepaid expensed increased 12,000
4 a/p increased 25,000
5 accrued expense payable 6,000
6 admin expenses include deprecation expenses of 20,000
| Instruction: Prepare the operating section of the cash flow statement using the indirect method. | | | | | |
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| Net cash flow from operating activities | | | | | |
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| | Net Cash flow from operating activities | | | | |
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