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vfiekz [6]
3 years ago
8

Hampton Company reports the following information for its recent calendar year.

Business
1 answer:
romanna [79]3 years ago
4 0

Answer:

Cash Flow from Operating Activities

Net Income                                                          $24,000

Adjustments for Non-Cash items :

Depreciation expense                                         $12,000

Adjustments for Changes in Working Capital :

Increase in Accounts receivable                       ($10,000)

Decrease in Inventory                                         $16,000

Increase in Salaries payable                                 $1,000

Net Cash from Operating Activities                   $43,000

Explanation:

The Indirect method reconciles the Operating Profit to Operating Cash Flow by adjusting the Operating Cash flow with the following items :

  1. Non-cash items previously deducted or added to Operating Profit.
  2. Changes in Working Capital.
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When an organization produces only a single product or service and attempts to sell it to two or more market segments. It avoids the extra costs of developing and producing additional versions of the product.

For better understanding, lets explain the term

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brainly.com/question/14950217

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Answer:

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