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    Change in Cash due to Operating activities

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    Please determine the change in cash to Operating activities: Please explain your answer. Please review my attached answer for correctness. The net income is $19000.

    Assets 12/31/2009 12/31/2008
    Cash $26,000 $19,000 $7,000 increase
    Accounts Receivable $9,000 $12,000 $(3,000) decrease
    Inventory $16,000 $24,000 $(8,000) decrease
    Fixed Assets $45,000 $33,000 $12,000 increase
    Less: Accumulated Depreciation $(17,000) $(14,000) $(3,000) decrease

    Total Assets $69,000 $74,000

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    https://brainmass.com/business/accounting/change-cash-due-operating-activities-348666

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    Change in cash due to operating activities is
    Net Income 19,000
    Add: Depreciation 3,000 (from ...

    Solution Summary

    The solution explains the calculation of Change in Cash due to Operating activities

    $2.19

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