Answer
12 - BE6
Calculation of net cash provided by the operating activities using indirect method:
Cash from operating activities:
Net income as per income statement - 280,000 dollars
Depreciation expense - 70,000 dollars
Add:Loss on sale of plant assets - 22,000 dollars
Net cash provided by operating activities - 372,000 dollars
Work Step by Step
The table indicates about the calculation of cash from operating activities in indirect method.
