For each of the following separate cases, compute cash flows from operations. The list includes all balance sheet accounts related to operating activities.
|
|
Case A |
Case B |
Case C |
|
Net income |
$ 20,000 |
$125,000 |
$105,000 |
|
Depreciation expense |
60,000 |
16,000 |
48,000 |
|
Accounts receivable increase (decrease) |
80,000 |
40,000 |
(8,000) |
|
Inventory increase (decrease) |
(40,000) |
(20,000) |
21,000 |
|
Accounts payable increase (decrease) |
28,000 |
(44,000) |
16,000 |
|
Accrued liabilities increase (decrease) |
(88,000) |
10,000 |
(16,000) |