The following information is extracted from a financial statement:
Net income $1000 Decrease in accounts receivable 120 Increase in inventory 40 Increase in accounts payable 20 Decrease in wages payable 10 Increase in deferred taxes 40 Depreciation 100 Profit from the sale of fixed assets 10 Dividends paid out 80
A. $940. B. $1020. C. $860. D. none of the above.ok
答案: 这个答案怪异的很... Net income 1,000
Adjustment for non-cash and
non-operating items Depreciation 100 Deferred taxes (increase) 40 Profit from sale of equipment (10)
Adjustment for working capital items: Accounts receivable (decrease) (120) Inventory (increase) (40) Accounts payable (increase) (20) Wages payable (decrease) (10) Cash flow from operations 940
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发表于 2008-5-7 18:12
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