Statement of Cash Flow (Indirect Method)

timer Asked: Nov 29th, 2014
account_balance_wallet $10

Question description


Could someone please explain the adjustment section conceptually and how one can tell if the adjusted amount should be removed (negative #) or added (positive #)? Thanks! 

Cash flow from operating activities
NI  95000
Gain from HFT -2500
Inc in AR -13000
Dec in inventory 12000
Dec in prepaid expenses 5000
Goodwill impairment 14000
Depreciation 30000
Inc in AP -10000
Inc in Accrued Liability  7000
IT exp 20000
Interest exp 10000
Cash generated from OA 167500
interest paid -8000
income tax paid -22000
Net cash from OA 137500

Tutor Answer

Carnegie Mellon University

flag Report DMCA

Outstanding Job!!!!

Similar Questions
Hot Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors