The following information is from last year's financial statements:

What was the net cash flow if the reported sales revenue and costs for the same period were $582,366 and $437,265,respectively?

Question

The following information is from last year's financial statements:
  
What was the net cash flow if the reported sales revenue and costs for the same period were $582,366 and $437,265,respectively?

Quizplus · Accepted Answer

Change in NWC = $(80,233 - 71,169)+ $(73,489 - 64,508)+ $(42,256 - 55,332)
= $4,969.Net CF = $582,366 - $437,265 + $4,969 = $150,070

The Following Information Is from Last Year's Financial Statements