The comparative balance sheets for Coronado Industries show these changes in noncash current asset accounts:...
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The comparative balance sheets for Coronado Industries show these changes in noncash current asset accounts: accounts receivable decreased $78,000, prepaid expenses increased $26,000, and inventories increased $38,000. Compute net cash provided by operating activities using the indirect method, assuming that net income is $184,000. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Coronado Industries Statement of Cash Flows-Indirect Method
select an opening section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Decrease in Accounts ReceivableDecrease in InventoriesDecrease in Prepaid ExpensesIncrease in Accounts ReceivableIncrease in InventoriesIncrease in Prepaid ExpensesNet Income
$enter a dollar amount
Adjustments to reconcile net income to
select an opening subsection name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Decrease in Accounts ReceivableDecrease in InventoriesDecrease in Prepaid ExpensesIncrease in Accounts ReceivableIncrease in InventoriesIncrease in Prepaid ExpensesNet Income
$enter a dollar amount
select an item Decrease in Accounts ReceivableDecrease in InventoriesDecrease in Prepaid ExpensesIncrease in Accounts ReceivableIncrease in InventoriesIncrease in Prepaid ExpensesNet Income
enter a dollar amount
select an item Decrease in Accounts ReceivableDecrease in InventoriesDecrease in Prepaid ExpensesIncrease in Accounts ReceivableIncrease in InventoriesIncrease in Prepaid ExpensesNet Income
enter a dollar amount
enter a total of the three previous amounts
select a closing section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
$enter a total amount for this section
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