E12 8 Algo Reporting And Interpreting Cash Flows From Operating Activities From An Analyst S Perspective Indirect Met 1 (134.51 KiB) Viewed 12 times
E12-8 (Algo) Reporting and Interpreting Cash Flows from Operating Activities from an Analyst's Perspective (Indirect Method) LO12-2 Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following information: Income Statement for Current Year Service revenue $ 52,200 Expenses Salaries $42,300 Depreciation 7,100 390 Amortization of copyrights Other expenses 10,400 60, 190 $ (7,990) Net loss Current Prior Year Year Partial Balance Sheet Accounts receivable $ 9,600 $ 16,600 Salaries payable 14,300 1,400 Other accrued liabilities 2,500 6,800 In addition, Rodriguez bought a small service machine for $5,800.
Required: 1. Present the operating activities section of the statement of cash flows for Rodriguez Company using the indirect method. (List loss amount and cash outflows as negative amounts.) RODRIGUEZ COMPANYStatement of Cash Flows (Partial) Cash flows from operating activities: GA 0
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