Using the excerpt from the Animal World Company statement of cash flows, analyze thoroughly the cash...

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Finance

Using the excerpt from the Animal World Company statement ofcash flows, analyze thoroughly the cash flow from operatingactivities. Offer possible reasons for the changesidentified.


Operating activities (USD) 2015 2014

Net income -2800 -9800

Depreciation and amortization 21800 21700

Loss on disposal of PPE 11000 3100

Increase (decrease) in cash resulting

from changes in:

Accounts receivable -10100 -9200

Inventories -35500 -56500

Accounts payable and accrued expenses 54700 24200

Net cash provided (used) by operating activities 39100-26500

Answer & Explanation Solved by verified expert
3.7 Ratings (581 Votes)
2015 2014 cash flow from operating activities net income 2800 9800 add depreciation 21800 21700 add loss on disposal of PPE 11000 3100 Increase decrease in working capital accounts receivables 10100 9200    See Answer
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