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ratelena [41]
3 years ago
5

Momber's Flooring Company

Business
1 answer:
alex41 [277]3 years ago
8 0

Answer:

Net Cash Flows from Operating Activities for 2012 will be $2,082

Explanation:

Prepare the Cash flow from Operating Activities Section to determine the Net Cash Flows from Operating Activities.

Cash flow from Operating Activities :

Net income                                                                       3,382

Adjustment for Non-Cash items :

Depreciation 810

Adjustment for Changes in Working Capital items :

Decrease in Accounts Receivables                                 200

Increase in Inventory                                                       -500

Decrease in  Notes payable                                            -400

Decrease in Accounts payable                                     -1,000

Increase in Accruals                                                          400

Net Cash Flows from Operating Activities                    2,082

Conclusion :

Net Cash Flows from Operating Activities for 2012 will be $2,082

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