If net income in 2012 - $947, and if the following changes occur between 2011...

50.1K

Verified Solution

Question

Accounting

image
If net income in 2012 - $947, and if the following changes occur between 2011 and 2012, compute Net Cash Flow from Operating Activities for 2012: Accounts receivable change from $380 to $129 Gross fixed assets change from $1324 to $1651 Accruals change from $359 to $336 Inventory changes from $119 to $119 Retained earnings changes from $8243 to $8321 Accounts payable change from $122 to $316 Accumulated depreciation changes from ($400) to ($500) Record your answer as a whole number but do not include a dollar sign or commas. If your answer is negative, put a minus sign before your number with no space between the sign and the number. Your

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students