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    A Business Statement of Cash Flows— Operating Activities Detail: Concept Connection

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    Example 3- 1 ( page 80)

    2. Timberline Inc. had the following current accounts last year.
    ($ 000) Beginning Ending
    Cash $ 175 $ 238
    Accounts payable $ 205 $ 182
    Accounts receivable 1,456 2,207
    Accruals 95 83
    Inventory 943 786
    Current assets $ 2,574 $ 3,231
    Current liabilities $ 300 $ 265

    In addition, the company had sales revenues of $ 9,453,000 and costs and expenses ( including interest and tax) of $ 7,580,000.

    Depreciation of $ 1,462,000 is included in the cost and expense figures.

    Construct a statement showing Timberline's Cash from Operating Activities section, including a detail of changes in balance sheet accounts.

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    https://brainmass.com/business/discounted-cash-flows-model/timberline-inc-operating-cash-flow-balance-sheet-600310

    Solution Preview

    See excel attached for operating cash flow section, mini balance sheet and "rule" to help you discern the reconciling items for the indirect presentation of the operating section of the cash flow statement. Click in cell to see formulas.

    beg end
    Cash from ...

    Solution Summary

    This solution helps with a problem involving a cash flow statement for a company.

    $2.19