Corporate Accounting - Indirect Cash Flow Statement
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The following information is available for Jacqui's Jewelry store:
Net Income
$ 5,000
Depreciation
2,500
Increase in deferred tax liabilities
500
Decrease in accounts receivable
2,000
Increase in inventories
9,000
Decrease in accounts payable
5,000
Increase in accrued liabilities
1,000
Increase in property and equipment
14,000
Increase in short term notes payable
19,000
Decrease in long term bonds payable
4,000
Use the information above to answer to answer the next 4 questions.
1. What is the net cash flow from operating activities?
2. What is the net cash flow from investing activities?
3. What is the net cash flow from financing activities?
4. What is the change in cash?
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Solution Summary
The solution provides an attached formatted MS Excel spreadsheet containing instructions and illustrations for the calculating the net cash flow from operating activities, the net cash flow from investing activities, the net cash flow from financing activities, and the change in cash in corporate accounting utilizing the indirect cash flow statement methodology.
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