Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
vnaust vnaust
wrote...
Posts: 128
Rep: 0 0
A year ago
Patterson Company's has provided the following financial information for last year.

Sales$230,000
Cost of goods sold160,000
Operating expenses (includes $3,000 depreciation)46,000
Accounts receivable beginning/ending balances$25,000 and $20,000
Inventory beginning/ending balances  29,000 and   25,000
Accounts payable beginning/ending balances27,000 and   20,000

Required:

Using the direct method, prepare the cash flows provided by operating activities section of the statement of cash flows.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 41 times
1 Reply
Replies
Answer verified by a subject expert
goodone14goodone14
wrote...
Posts: 134
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

vnaust Author
wrote...

A year ago
Smart ... Thanks!
ky
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
This site is awesome
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  880 People Browsing
Related Images
  
 927
  
 1157
  
 800