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Moore Corporation reported net income of​ $200,000 for the current year ended June 30. Accounts receivable had a beginning balance of​ $34,000 and an ending balance of​ $44,000. Accounts payable had a beginning balance of​ $29,000 and an ending balance of​ $41,000. Assuming that this is all of the relevant​ information, Moore's cash flows from operating activities are​ ________.

Respuesta :

TomShelby

Answer:

cash flow generated from, operating activties 202,000

Explanation:

net income 200,000

increase in AR  

34,000 - 44,000 = (10,000) (A)

increase in AP

41,000 - 29,000 = 12,000    (B)

Change in working capital 2,000

cash flow generated from, operating activties 202,000

(A) The increase in account receivable represent uncollected sales. The cash generated decrease becuse of that

(B) The increase in the account payable represent the delay on payment to providors. Which menas cash is generated

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