Cinderella Company reports net income of $100,000 and Depreciation Expense of $50,000 for the year ending December 31,2015.There were no gains or losses from the sale of long-term assets.They also have the partial balance sheets shown below:
Using the indirect method,prepare the operating activities section of the statement of cash flows for the year ending December 31,2015

Question

Cinderella Company reports net income of $100,000 and Depreciation Expense of $50,000 for the year ending December 31,2015.There were no gains or losses from the sale of long-term assets.They also have the partial balance sheets shown below:
  Using the indirect method,prepare the operating activities section of the statement of cash flows for the year ending December 31,2015

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The Answer of Cinderella Company reports net income of $100,000 and Depreciation Expense of $50,000 for the year ending December 31,2015.There were no gains or losses from the sale of long-term assets.They also have the partial balance sheets shown below:
  Using the indirect method,prepare the operating activities section of the statement of cash flows for the year ending December 31,2015

Cinderella Company Reports Net Income of $100,000 and Depreciation Expense