Cash flows from operations-indirect method The financial statements of Simon Co. include the following items (amounts in thousands): 11eb7cbc_b2c5_430d_ba5d_25e6ec3ce02e_SM1525_00 Required: a. Calculate the net cash flow provided by operations for Simon Co. for the year ended December 31, 2017. b. Explain why net income is different from the net cash provided by operations.

Accounting: What the Numbers Mean 11th Edition by Wayne McManus,Daniel Viele,David Marshall

النسخة 11الرقم المعياري الدولي: 978-1259535314

Accounting: What the Numbers Mean 11th Edition by Wayne McManus,Daniel Viele,David Marshall

النسخة 11الرقم المعياري الدولي: 978-1259535314

تمرين 2

Cash flows from operations-indirect method The financial statements of Simon Co. include the following items (amounts in thousands):

Required:
a. Calculate the net cash flow provided by operations for Simon Co. for the year ended December 31, 2017.
b. Explain why net income is different from the net cash provided by operations.

التوضيح

موثّق

Operating Income is defined as the diffe...