Answer Happy

1. Wildhorse Co. reports a $22000 increase in
inventory and a $5400 decrease in accounts payable during the
year. Cost of Goods Sold for the year was $304600. Using the direct
method of reporting cash flows from operating activities, cash
payments made to suppliers were
2.The cost of goods sold during the year was $448400. Inventory
increased by $14000 during the year and accounts payable
decreased by $22400 during the year. Using the direct method
of reporting cash flows from operating activities, cash payments
for inventory total
3.Skysong, Inc.'s net income for the current year was $394000.
Depreciation was $51000. Accounts receivable and inventories
decreased by $16000 and $26000, respectively. Prepaid expenses
and salaries payable increased, respectively, by $2000 and
$13000. Equipment was sold at a gain of $7400. How much cash was
provided by operating activities?