The net income for Whispering Winds Corp. for 2022 was $309,500. For 2022, depreciation on plant assets was $71,300, and
Posted: Thu May 19, 2022 12:09 pm
The net income for Whispering Winds Corp. for 2022 was
$309,500. For 2022, depreciation on plant assets was $71,300, and
the company incurred a loss on disposal of plant assets of
$27,100.
Compute net cash provided by operating activities under the
indirect method, assuming there were no other changes in the
company’s accounts. (Show amounts that decrease
cash flow with either a - sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
Whispering Winds Corp. Statement of Cash Flows-Indirect Method $ Adjustments to reconcile net income to $ $
$309,500. For 2022, depreciation on plant assets was $71,300, and
the company incurred a loss on disposal of plant assets of
$27,100.
Compute net cash provided by operating activities under the
indirect method, assuming there were no other changes in the
company’s accounts. (Show amounts that decrease
cash flow with either a - sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
- The Net Income For Whispering Winds Corp For 2022 Was 309 500 For 2022 Depreciation On Plant Assets Was 71 300 And 1 (16.97 KiB) Viewed 41 times