Intermediate Accounting (16th Edition)

Published by Wiley
ISBN 10: 1118743202
ISBN 13: 978-1-11874-320-1

Chapter 5 - Balance Sheet and Statement of Cash Flows - Review and Practice - Brief Exercises - Page 239: BE5-13


Cash Flows from Operating Activities Net Income $151,000 Adjustments to Reconcile net Income to Net Cash Provided by operating activities Depreciation Expense $44,000 Increase in accounts payable $9,500 Increase in accounts receivable ($13,000) $40,500 Net cash provided by operating activities $191,500

Work Step by Step

Ames Company total cash flows from operating activities equals to= $191,500
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.