The current section of Ohno's Ltd statement of financial position at 30 June 2016 is...
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Accounting
The current section of Ohno's Ltd statement of financial position at 30 June 2016 is presented below. All values are in $. 2016 2015 Current assets Cash 102,400 101,600 Accounts receivable 122,900 89,800 Inventory 158,500 183,100 Prepaid expenses 26,400 21,800 Total current assets 410,200 396,300 Current liabilities Accounts payable 85,300 Accrued expenses 15,000 Total current liabilities 100,300 89,800 4,800 94,600 Other information: Profit for the year ended 30 June 2016 was 152,800 Depreciation expense was 19,000 Required Prepare the net cash provided by the operating activities section of Ohno's statement of cash flows for the year ended 30 June 2016, using the indirect method
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