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compute the net cash flow from operating activities section of the Year 2 statement of cash flows using the direct method

Return to question study/b The two independent cases are listed below: estion: Case A Year 2 Case B 4.32 Year 1 Year 2 13,000 1,000 31,000 20,000 Year 1 wo indepena oute the net c method. (Am oints Sales Revenue 7,000 6,500 16,000 12,000 Cost of Goods Sold 6,000 4,500 15,000 Gross Profit two independen 8,000 1,200 Depreciation Expense 1,200 1,700 1,700 Salaries and Wages Expense 3,500 2,20O 7,000 les Revenue 5,200 st Goods Sold 6,300 Net Income 1,300 1,100 1,100 bss Profit Accounts Receivable Inventory Accounts Payable Salaries and Wages Payable 400 850 600 1,000 900 3,000 1,400 500 850 930 900 700 900 1,050 preciation Expense laries and Wages E Income counts Receivable entory counts Payable laries and Wages Paya 0 350 Compute the net cash flow from operating activities section of the Year 2 statement of cash flows using the direct method. (Amounts to be deducted should be indicated with a minus sign.) pute the net cash flow ct method (Amounts to sh Collected from Custom sh Payments to Suppliers sh Payments for Salanes a Net Cash Provide by Opera Answer is not complete. Case A Case B $13,100 S 30,850 Cash Collected from Customers (15,880) (7,150) Cash Payments to Suppliers Cash Payments for Salaries and Wages Net Cash Provided by Operating Activities $ 14,070 S 6,060 pert Answer @

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