Preparing and Evaluating a Simple Statement of Cash Flows (Indirect Method) Suppose your company's income statement reports $160 of net income, and its comparative balance sheet indicates the following. 11eb7f6e_01ff_98a1_9b93_df09d1177fd3_SM1709_00 Required: 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. 2. Identify the most important cause of the difference between the company's net income and net cash flow from operating activities.

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

النسخة 4الرقم المعياري الدولي: 978-0078025372

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

النسخة 4الرقم المعياري الدولي: 978-0078025372

تمرين 79

Preparing and Evaluating a Simple Statement of Cash Flows (Indirect Method)
Suppose your company's income statement reports $160 of net income, and its comparative balance sheet indicates the following.

Required:
1. Prepare the operating activities section of the statement of cash flows, using the indirect method.
2. Identify the most important cause of the difference between the company's net income and net cash flow from operating activities.

التوضيح

موثّق

1.
In order to arrive at the net cash fl...