Ayayai company reported 2017 net income of 154300 prepare


Question - Ayayai Company reported 2017 net income of $154,300. During 2017, accounts receivable increased by $16,300 and accounts payable increased by $9,963. Depreciation expense was $42,600.

Prepare the cash flows from operating activities section of the statement of cash flows.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Ayayai company reported 2017 net income of 154300 prepare
Reference No:- TGS02425096

Now Priced at $25 (50% Discount)

Recommended (94%)

Rated (4.6/5)